Word: dipping
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...island in 1959 amounted to less than 1% of its total exports-mainly newsprint, medicine, steel, copper tubing, codfish, malt and chemicals. Even this small export business had dropped: from $17.5 million in 1958 to $15.2 million in 1959, with 1960's first half showing a sharp dip to $4,800,000 v. $7,400,000 for the same period in 1959. Exports of newsprint fell from $2,600,000 to $999,000, salt codfish from $1,200,000 to $510.000, wheat from $367,000 to $104,000. Reason: though Castro was more willing to pay Canadians than Americans...
...dollar is weakening, is perhaps headed for eventual devaluation. The European bankers are concerned about the unfavorable U.S. balance of trade and about the possibility of a U.S. recession, which they feel would sharply lower interest rates and cause a further rise in U.S. gold outflow (U.S. gold stocks dipped another $33 million-to an $875 million total dip since January-in the last reported week). The bankers were also reported anticipating and fearing a Kennedy victory, and concluding that his policies might lead to inflation and to devaluing the dollar (a suspicion that Kennedy's press office called...
Lawrence Durrell, whose recent quartet of novels about Alexandria are as popular in upper Bohemia as clam dip, made the discovery in 1936 when at 24, he wrote The Black Book. This first novel is a glittering, exultant, outrageous act of self-indulgence, and the reader needs no dust-jacket exegesis to tell him that this is the work of a brilliant boy. Durrell raises up laments to the bleakness of life, bathes in scorn and sorrow the wretched creatures who must live it, sets down prose odes to the godawfulness of England. The outlook is determinedly fungoid...
Like Cole Porter, he could dip into a source play, borrow a line and spin a lyric. In Ferenc Molnar's Liliom, the heroine wonders aloud what it would be like "if I loved you," then pauses to reflect silently. Adapting the play as Carousel, Hammerstein and Rodgers filled the pause with unadorned grace: If I loved...
...odds against a unified Congo are enormous. In bustling Leopoldville, where 15-story office buildings rise only a few miles from huts on stilts, it was the dry season and customers on the terrace of the Hotel Regina sipped their beer in relative comfort, grateful for a temperature dip that had taken the thermometer down to the 80s. Upriver at Coquilhatville, astraddle the equator, it was sweltering as usual, and the natives crept out of their huts to sleep in the tall moist grass. To the east, where the rain forest changes to flat plains, then rolling hills, then towering...