Word: dropped
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Dates: during 1970-1979
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...which makes German goods more expensive on world markets. Sales of textiles, a major export, are off 3% from last year. Makers of machine tools, who normally export three-fourths of their production, are reduced to hoping that they can close the year with no more than a 20% drop in exports from 1976. West German Chancellor Helmut Schmidt has fumed privately to friends that in letting the dollar fall Washington has shown itself to be bereft of "the slightest economic sense." Switzerland's Weltwoche magazine complains: "Using the dollar weapon, America is waging a real trade...
True enough, but the U.S. is paying dearly in international ill will, and the dollar's plunge has undesirable side effects. For example, some countries have been buying up unwanted dollars to keep the price from dropping further; that can increase money supply in the purchasing countries and add to world inflationary pressures. The uncertainty created by the drop could also hurt world trade and investment. Already, U.S. firms buying or selling abroad must haggle about what currency is to be used for payment, and some companies building plants in Europe have had to shell out far more dollars...
...senior vice president of the New York Life Insurance Co. "Before, I wanted to be successful in the world," says Buck. "Now I want to exalt the Lord. I want to stay a businessman, but I want people to know that God changes lives. You don't drop out of the world because you become a Christian." Buck now spends his free time preaching to far-flung church and business groups...
...California, the Berkeley Christian Coalition evolved from a wing of the Jesus Movement revival that dealt with the street people, university students, hitchhikers, political radicals and occultists found nowadays in large college communities. It runs a free university, a youth ranch, a drop-in hostel, a street drama troupe, the sprightly Radix newspaper, and the unique Spiritual Counterfeits Project, which acts as a watchdog on Oriental and occult movements in the U.S. "Our objective," says S.C.P. Director Brooks Alexander, 41, "is to expose and counter the broad patterns of spiritual deception within our culture...
...lighter, went down like a felled tree, his head striking the hardwood court with a thud. There he lay, unconscious, bleeding from the nose, mouth and ears. Says Referee Rakel: "The whole crowd came to a hush-you could almost hear a pin drop after they saw that man lying there. I hope I never have to witness such a scene again...