Word: ee
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Dates: during 1980-1989
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...political climate of the Democratic party, last week's rally at Government Center left them sorely disappointed. Though Democrats admittedly differ in their levels of liberalism, they still want less bombs and more social services, Ronald Reagan out of the White House, and, as the resounding chants of "Gerr-ee, Ger-ee" illustrated, they want the woman from Queens as their next second-in-command...
...opinion poll, the Reserve Bank of New Zealand suspended nearly all trading in foreign currency to prevent a run on the New Zealand dollar (then worth U.S. 62?) by speculators anxious to get their money out of the country. Three days later Labor Party Leader David Lange (pronounced Long-ee), who will be the next Prime Minister, announced an economic package that includes a 20% currency devaluation. Lange also proposed a removal of interest-rate controls, a three-month curb on prices and professional fees, and a review of export incentives. The Reserve Bank, breaking with precedent, hailed the plan...
...savings bonds. Since the program was set up in 1935, some $258 billion has been poured into the bonds. But because of inflation, bonds redeemed in recent years have been paid off in dollars worth much less than those invested. Though a yield of 9% has been available on EE series issues since 1981, sales have been slow...
Before Edmund Halley (pronounced Hal-ee) identified them in 1705 as periodic visitors to the inner solar system, comets were widely viewed as omens of disaster. Astronomers now look upon them as primordial chunks of matter that offer clues to the solar system's formation. The budget-conscious U.S. has bowed out of the race to intercept Halley's comet with a robot spacecraft, thus leaving the field to the Soviets, Western Europeans and Japanese. But NASA plans a relatively cheap ($2 million) alternative: diverting an unmanned ship already in orbit for an inspection of a comet called...