Word: dollars
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Dates: during 2000-2009
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Mast acknowledged that familiar threats to the recovery still existed: a crash landing of the declining dollar, for example, or a collapse of oil prices could bring turmoil to the international financial system. An American turn to protectionism as a means of dealing with its $145 billion trade deficit poses another risk. So does the vast, unpayable debt being borne by developing countries. But Mast believes that prospects for international crisis management have been greatly improved since U.S. Treasury Secretary James Baker launched his campaign last year for closer cooperation among the world's major industrial countries. Said Mast...
...policy consensus between the Socialist government and the conservative opposition, which is currently expected to win parliamentary elections scheduled for March 16. Growth should accelerate slightly from last year's meager 1.4%, to 2.1%, because of what Chevalier called "a gift from abroad"--lower oil prices and a cheaper dollar. Inflation in France will dip from 4.9% to 4% this year, while unemployment will edge...
...rally seemed a delayed reaction to the declining value of the dollar, down more than 20% since last February. Investors may also have bought bullion out of fear that hostilities might break out between Libya...
...York donnybrook, it is Johnson vs. Johnson as the heirs of the Johnson & Johnson fortune contest a multimillion-dollar will...
Spence, a Miami lawyer, is the kind of attorney insurers often blame for their troubles. He has won and earned a healthy slice of several multimillion-dollar awards for clients who suffered personal injuries. But if Spence should be sued for malpractice or negligence, as is happening to lawyers more and more, he would have to pay any court-ordered damages out of his own pocket. "There is no market that will sell me liability insurance," says Spence. "I am going bare, and it is a frightening prospect...