Word: dollar
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Dates: during 1970-1979
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...worse and worse. Playing the John Dean role, in this South African version of Watergate, is Eschel Rhoodie, 45, the former Secretary of Pretoria's Department of Information. Rhoodie, who is now living in self-imposed exile in Europe and South America, was in charge of a multimillion-dollar slush fund that his department used to secure favorable publicity for South Africa's policies in both the foreign and domestic press. To accomplish this end at home. Rhoodie has charged that the government of former Prime Minister (now State President) John Vorster clandestinely-and illegally-poured some...
...years the Germans, along with other Europeans, spurned Detroit's chromed giants as only suitable for nouveau riche butchers, high-mark call girls and mobsters. They were just too large, too showy and too expensive compared with the better-quality German models. Now, the weak dollar and the U.S. automakers' new enthusiasm for safety and economy are beginning to make the Ami Strassenkreuzer (literally, Yankee street cruiser) a fast-selling status symbol among the young professional elite...
...each, compared with the sticker price of $9,700 for a VW Passat (which is called Dasher in the U.S.). The Chevy Caprice sells for about $14,000, or $1,000 less than the top-line Audi 100LS and $2,000 less than the BMW 525. Indeed, the dollar has declined so much that in some European countries, U.S. cars cost less than they did last year...
Gasoline might hit a dollar a gallon in the next three or four years, Energy Secretary James Schlesinger predicted last month. For once he was being optimistic. Even before any of the newly inflated Arab oil has landed on U.S. shores, gasoline prices in some parts of the country are already reaching for the one-dollar mark...
...corruption and foot dragging on the part of some of the investigators. But last week the Texas oil-price scandal broke open a bit when a federal grand jury in Houston handed up criminal indictments charging two small oil companies and five of their executives with a multimillion-dollar rip-off "This is just the tip of the iceberg," said a delighted J.A. ("Tony") Canales, the U.S. Attorney in Houston. "This is not a one-shot deal. It's just the first case, and there will be others, maybe as soon as next month...