Word: dinaric
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Shouts of excitement greet the arrival of two Jordanian entrepreneurs driving a pickup truck loaded with ice. A brick-size chunk goes for one Jordanian dinar (about $1.50), and the sellers profit handsomely -- though not as well as they might. Many of the refugees are penniless, forced to leave their life savings behind in Kuwaiti bank accounts long since looted by Iraqi troops...
...economic conditions that provoked the unrest had been simmering for more than a year. Jordan has long been living beyond its means; a decade of Arab aid and overambitious borrowing provided an illusion of prosperity. But lately the money has begun to run out. Since last summer the Jordanian dinar has fallen 45% in value, while unemployment (now about 15%) and inflation (up to 30%) climbed steadily. In late March the government agreed on a budget-balancing plan with the International Monetary Fund aimed at paring the country's deficit and, ultimately, rescheduling Jordan's $6 billion foreign debt...
...well as new ones, to both the P.L.O. and Jordan. He was turned down on both counts. Instead, the summiteers voted to pay the P.L.O. $128 million directly to defray the costs of the intifadeh so far, plus $43 million a month to keep the uprising alive. (Not a dinar of that pledge has so far reached the P.L.O.) At the same time, the Arab leaders reiterated their 1974 position that the P.L.O. was the "sole legitimate representative" of the Palestinian people...
...labor protest to hit Yugoslavia since it became a Communist country, in 1945. Cowed officials promptly doubled some wages. In a no less startling outburst, the press and even some Communist leaders intensified calls for the resignation of Prime Minister Branko Mikulic, 59. Amid the turmoil, the devalued Yugoslav dinar plunged nearly 25% on world currency markets...
...Unlike the Los Angeles production, however, the 1984 Sarajevo Winter Games have required a great deal of construction. And far from refusing individual contributions as the Los Angeles committee has, the Sarajevo organizers have politely accepted $10 million from 1.4 million citizens, amazing support in an economy where the dinar is down to one-sixth of its 1979 value against the dollar...