Word: dollar
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Dates: during 1970-1979
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Fahd also refused to link Saudi policy on the dollar and oil prices with the aircraft sale, but he was critical of Washington for failing to cope with America's energy problems. "We will do our best to help the U.S. and our other friends in meeting their requirements and overcoming whatever difficulties they may have in this respect. As you know, we decide on the quantity of our oil production according to world need. But the so-called energy crisis is not necessarily connected only to the volume of oil production. For example, the U.S., the largest...
...huge U.S. trade deficits additionally are kicking up prices by depressing the dollar and making imports costlier. How to reduce that deficit? Cracked Eckstein: "We might do it if we could find a way to close the port of Yokohama for a few months." More to the point, Yale Professor Robert Triffin sees little chance of narrowing the trade gap until "the Administration and Congress make some significant sign that they are doing something about the basic problem of energy." Greenspan agrees, though he believes that the dollar's value will stabilize or rise on world markets because...
Those costs are already climbing frighteningly. As the slumping dollar makes it increasingly difficult for even well-paid American workers to support Stateside living standards overseas, companies have had to offer many fringes (housing, cost-of-living and education allowances) to induce top people to take foreign postings. Compared with New York City, costs of living are 21% higher in Paris, 34% more in Bonn, 41% in Geneva and 56% in Tokyo...
Cuddy said traditionally in Ireland, each farmer has a brood matron from which he breeds a litter. This contrasts with the huge greyhound breeding farms in Texas and Florida. "In Ireland, things are not so institutionalized as here. In my opinion, though, multi-million dollar plants do not necessarily make racing better," Cuddy said...
...people totally annihilated or scattered, with no testament or psalms to calibrate the deep well of the past, no compensatory county, no telethons, no bond rallies, no touring orchestras...no prophets except the ones in the store windows who tell fortunes for a dollar...