Word: dollarization
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Dates: during 1980-1989
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...considerably higher than their Indian equivalents. At week's end, three American attorneys, including Melvin Belli, filed a lawsuit in Charleston, W. Va., on behalf of Bhopal victims, asking damages of $15 billion. Said a company spokesman in Danbury: "Something like this happens, and people everywhere begin seeing dollar signs in front of their eyes...
...looking to make top dollar," says HRE Vice President Nancy E. Kossan. Instead the units are being sold at near their tax appraised value...
...Volcker is too generous with the money and interest rates drop too far, foreigners could start shunning U.S. investments and send the dollar into a steep decline. That might cause a sudden burst of inflation by making imports more expensive. For the moment, though, the dollar seems to be holding its own. On the day Citibank led the prime-rate cuts last week, the dollar surprisingly rose against the deutsche mark and the French franc. One reason for the dollar's continued strength is that foreign central banks, especially in Western Europe, have been reducing interest rates in their...
...alone will have sales of close to $400 million. An estimated 22 million Trivial game boards and question sets will be sold in 1984. The game's success has also helped revive old board favorites. Sales this year of Scrabble sets are up 27%, to 2 million, and dollar sales of Parker Brothers' Clue are up 20%. Psychologists and sociologists are searching for an explanation for Trivial Pursuit's phenomenal popularity. Says Psychology Professor Ricki Levenson of New York University: "Trivia plugs into everybody's secret addiction to gossip. Knowledge of trivia, like the name...
...theory, even such a cost is quite feasible in a trillion-dollar economy. For the Federal Government, the gigantic bill would represent only about 3% of the budget deficit, the price of three Trident submarines, or about half of what is spent annually on bridge and highway repair. And until fairly recently, the ideal of good medical care for every citizen was proclaimed to be a top national priority. "The fulfillment of our national purpose," Congress rather grandly declared in 1966, "depends on promoting and assuring the highest level of health attainable for every person...