Word: drainings
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Britons had pinned high hopes on a successful trade deal with Moscow. To help ease the drain on Britain's U.S. dollar credits, they wanted grain and timber in exchange for British machinery. After weeks of tough bargaining, agreement seemed at last in sight...
...Card. Another possible drain on "Loan" dollars begins this week as Britain becomes obliged to convert into dollars some of the sterling credits held by foreigners (TIME, June...
Even the pessimists did not expect the shortage to get anywhere near as bad as it was in wartime. But they did expect it to bring higher oil prices. And next autumn, when the heavy drain begins on fuel oil storage, some local tanks...
...week a faltering step was taken to ease the shortage. The International Monetary Fund, which was set up to help members meet "temporary disequilibriums" in their international payments, had its first customers. The severe European winter had forced France to import large amounts of U.S. wheat, with a consequent drain on its supply of dollars. France got $25 million by paying francs to the fund. The Netherlands, also short of foreign exchange, put up guilders for $6 million...
...quickly and how much can he gain on Hollywood? In Britain, if his production reaches 100 pictures a year -the maximum with present studios-he may cut Hollywood to 70% of the total box-office take in the United Kingdom, thus cut the dollar drain on Britain by about $20,000,000. On the same production basis, he might send enough top pictures to the U.S. to step his profits up to $18,000,000. This would be a blow to Hollywood. But Rankmen bumptiously predict that within five years they will be digging up $50,000,000 in Hollywood...