Word: deficits
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Dates: during 1960-1969
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...chance to increase their influence as the British and U.S. military presence recedes. The Soviet drive also stems from Leonid Brezhnev's call last June for a new Asian security arrangement aimed against the Chinese, and from Russia's pressing need to overcome a serious trade deficit with some Southeast Asian countries. Trouble is, the Southeast Asian market is highly competitive and tough to crack-and Moscow is accustomed to government-to-government deals. When forced to compete on the open market, Ivan can be a terrible salesman...
...nine Socialist Ministers (out of 19) were the stars of the government. Socialist Economics Minister Karl Schiller guided West Germany out of its economic slump; Transportation Minister Georg Leber (no relation to Julius) began unclogging Western Germany's Autobahnen by forcing freight off the roads and back onto the deficit-ridden rails. Foreign Minister Brandt conducted an imaginative eastward-looking policy. Meanwhile the Free Democrats were moving away from conservative policies and closer to those of the Socialists. Last March, Socialist and Free Democrat members of the Bundestag joined forces to elect Gustav Heinemann as the first Socialist head...
...coup was shrewdly timed. Before Kerkorian started bidding, MGM stock had dropped from a 1968 high of $55 to $29 a share. The company recently estimated that it lost at least $25 million during the fiscal year that ended Aug. 31. Most of the deficit, however, grew out of MGM's decision to write off as losses some box-office flops and a great part of its slow-selling inventory of monaural records. Kerkorian thus bought into a company that may be poised for a turnaround. Bronfman has already predicted a profit for MGM in fiscal...
...additional cost of paying the salaries, retirement benefits, etc., of former Radeliffe employees could substantially increase the deficit of the Faculty. Pusey said...
BOAC talked a New York agency, Arthur Frommer's $5-a-Day Tours, into handling the bookings, and scheduled the first flight for Nov. 1. Launching their advertising campaign, BOAC officials sat back to watch Britain's balance of payments deficit turn into a surplus. "We hope," a spokesman said, "that the accent is on entertainment rather than...