Word: dollarization
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Dates: during 1980-1989
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...link federal student aid to cooperation with registration. The House of Representatives last week passed legislation prohibiting students who have failed to check in with Selective Service from receiving any from of government-subsidized loan or grant for tuition. The measure, attached to a mammoth $177.1 billion dollar military authorization bill, closely resembles language approved earlier by the Senate. If minor differences are worked out by a conference committee this month, the law could go into effect by the 1983-84 academic term...
Each morning in his office at the Pentagon, the Air Force general and his allies mapped out their strike plan. The target was not an enemy capital but Capitol Hill, and the battle was over which firm would land a multibillion-dollar contract for military cargo planes. The allies in this case were Lockheed executives working in tandem with the Pentagon to sell Congress the C-5B over its rival, Boeing's 747. In one of the fiercest and, some say, most shameless lobbying battles Congress has seen in decades, the issue of which plane was better often became...
...billion-dollar Italian bank fraud has reached into the heart of one of the world's most respected institutions, the Vatican. So far, two people involved in the affair have died, $1.4 billion is unaccounted for, and the financial stability of several European banks is in danger...
...says, "doing nothing different than I did as a kid, only in a slightly better uniform with a few more people watching." He smiles and says, "Remember when I used to say I wanted to be the first $ 100,000 singles hitter? Well, there wasn't really a dollar figure on it. I just wanted to prove all that hustle and determination were worthwhile. Really, I just wanted to be respected...
...most studios, though, the financial news is so good that movie executives can dismiss the challenges from upstart competition for the American consumer's entertainment dollar. They argue that cable lures more viewers away from the networks than from the moviehouses, and that video games cannot compete with the movies' sophisticated special effects. They can also point to a recent Variety story showing that the average cost of making a Hollywood movie, which had doubled since 1977, actually declined this year (from $9.6 million to $9.4 million). Of the early summer hits, none...