Word: discounted
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Dates: during 1980-1989
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...balloting. Many Haitians are now forecasting that if Brigadier General Henri Namphy, head of the ruling junta, feels he cannot impose his choice of a President on the rest of the army, he will postpone or cancel the voting. From Port-au-Prince to Washington, virtually everybody seems to discount the possibility of a fair contest. Says a politician who ran for the Senate two months ago but refuses to participate this time: "There is nothing certain about these elections except that they will be a sham...
...Christmas sales and a slowing economy dampened the market so much that it shrugged off several bits of good news. The civilian unemployment rate dipped in November from 6% to 5.9%; it has not been lower since July 1979. Moreover, West Germany's Bundesbank announced a cut in the discount rate that it charges on loans to banks, from 3% to 2.5%. That move, along with reductions by six other European central banks, could help boost the world's flagging economic growth...
Harvard Real Estate (HRE) developed the Purchase Option Plan and the Cambridge Option Plan in the mid-1970's to help Harvard lure newly tenured professors to Cambridge. The programs aimed to provide young scholars with prime Cambridge housing at discount rates...
...dollar needs rescuing. Any little upward nudge in interest rates, however, is likely to send the stock market into the tank again. When the Fed's open market committee met last week for the first time since the crash, some economists hoped the group might rescind September's discount-rate increase. But no such announcement came. One reason may be that the committee has too little information so far about Black Monday's effect on the economy. Without solid proof that growth is imperiled, the Fed is probably reluctant to announce a dollar-endangering drop in the discount rate...
...Canadian financial institutions had pleaded with British Chancellor of the Exchequer Nigel Lawson to postpone the event. But Lawson chose to forge ahead, adding a concession: for the next month at least, shareholders who want to cut their losses will be able to sell their shares at a deep discount to the Bank of England...