Word: effect
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Dates: during 1970-1979
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...family would never forgive me. You have wronged my grandfather, who was not an illegal alien as you stated. He came to the U.S. legally in 1880, and settled in Brownsville, Texas, where he became a citizen of the state and the nation under the laws then in effect...
None of these considerations had much effect on the market...
...still takes an even dollar, converted into Swiss francs, to buy a cup of coffee in Zurich. Washington has intervened in the exchange markets before and set off momentary dollar rallies, but it has never bought enough bucks for a long enough time to have any lasting effect. And even $30 billion is not much when measured against the $600 billion or more in greenbacks that are floating around outside the U.S. Holders of those dollars can be persuaded to hang on to them in the long run only if they are convinced that the Administration is serious about bringing...
...eventual easing of interest rates. "There will be a braking effect," he says, "but other economic indicators are quite strong in the U.S., and a cautious balancing should avoid recession." Werner Flandorfer, currency expert of the Bonn Economics Ministry, agrees. "The Fed's action will not have any real recessive effect. It will slow down the boom but will not plunge the country into a recession...
...Nobel Prize for Peace. In an acceptance speech read by former Premier Mamdouh Salem, he pointedly insisted that he went to Jerusalem and to Camp David "to establish peace for the entire area." Despite such oft-repeated assertions, both radical and moderate Arabs are concerned that Sadat has, in effect, sold out to Israel. Last week 20 Arab governments assembled in Baghdad in an effort to counteract the impending Egyptian-Israeli settlement...