Word: dollar
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Dates: during 1970-1979
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...performing so far under capacity." The double-digit inflation of 1973-74, he says, was caused largely by a series of shocks that are not likely to be repeated: the quintupling of oil prices that followed the Arab embargo, frantic worldwide bidding for scarce commodities, two devaluations of the dollar...
...agreement with the 24 banks was delayed by Haack's darkest day at Lockheed, when Canada abruptly pulled out of a $1.06 billion order for 18 Orion antisubmarine patrol aircraft. "I tell you," says Haack, "you haven't known heartbreak until a billion-dollar deal is canceled on you on two minutes' notice." The order collapsed over a billion-dollar misunderstanding: Ottawa and Lockheed each thought the other was to be responsible for financing early stages of the contract. But Lockheed may still not have lost the Canadian business: Haack has submitted a new proposal stretching...
...dealt with in definite terms--their solution is confined within certain limits and involves specific building blocks. And although Rosovsky says he is concerned that he not earn a reputation solely for being a financial dean--"I don't like to be thought of as just a walking dollar sign"--he will quickly add that he prefers the present "to the period of the late 1960s--I find it easier to deal with budgets than to be thrown out of buildings...
...British have many sterling qualities, but right now sterling is not one of them. Just four months ago the pound was worth $2.02. Last week sterling tumbled no less than four cents against the dollar in a matter of a few hours. It dipped to a historic low of $1.705 before recovering its shaky moorings and closing...
...accompanied by irritability, hot flashes, depression, marked physical changes, and the cessation of menstruation. Thus, since the 1950s, when doctors began to prescribe doses of estrogen that alleviated the effects of menopause, the treatment has become increasingly popular with millions of women. Between 1963 and 1973, for example, the dollar value of estrogen prescriptions increased nearly four times. But suspicion has been growing recently that estrogen treatment poses a significant risk for menopausal women; they apparently are more likely to develop cancer of the lining of the uterus...