Word: diving
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...dollar continued to slip even though foreign governments spent almost + $100 billion during 1987 to prop up the currency. By late December the dollar went into a nose dive. Unbeknown to most traders, though, the central bankers were quietly baiting a so-called bear trap, in which they aimed to punish speculators who had been reaping profits by consistently betting on the dollar's downfall. They secretly agreed to launch a dollar-buying binge when the currency hit a floor price, possibly at 120 yen. At first only the Bank of Japan came to the rescue. Then all at once...
BUSINESS: A stock dive gives impetus to a call for sweeping market reforms...
...always, Greenspan faces some hard choices. If he raises interest rates to prop up the dollar, he risks stifling economic activity and triggering a recession. But if he allows the money supply to grow too quickly, and interest rates drop, the dollar could go into a further nose dive, and inflation would take...
...site investigators, said they could find "no apparent problems with the aircraft, frame, structure or engines" that would have led to the crash. Other investigators suggested that both the pilot and copilot had probably been shot. An inert body, slumped against the controls, could throw the plane into a dive...
...distress call came from Pacific Southwest Airlines Flight 1771 halfway on its run from Los Angeles to San Francisco, flying at 22,000 ft. Two minutes later, the British Aerospace commuter jet shrieked toward earth in a nearly vertical dive and disintegrated as it slammed into a hill near Paso Robles in San Luis Obispo County. All 43 aboard were killed, including four executives of Chevron Corp. From that baffling beginning, other messages gradually unraveled the mystery of what had happened...