Word: fears
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...gold fixings and dollar-mark exchange rates, and swapped anxious rumors. Inter-continental Arab finance ministers ducked quietly into Bill Miller's first-floor suite at the Inter-continental Hotel to get his assurances that the dollar would be defended. Reported TIME Correspondent Friedel Ungeheuer: "An undercurrent of fear and confusion about what has been happening on the money markets ran through the corridors of the modern Sava Center, where the I.M.F. sessions were held. Cecil de Strycker, governor of Belgium's central bank, confided: 'The only thing that is certain is that nothing is certain...
...daily. OPEC countries in particular are attempting to put new oil earnings into marks, yen or gold. Says Washington Economic Consultant Harald Malmgren: "The Arabs have learned that they pump oil out of the sand, hold the dollars, and the dollars turn back to sand." Nervous central bankers also fear that dollar holders will suddenly try to move large funds into another currency or into gold. Warns Karl Otto Pohl, president-designate of the German Bundesbank: "If this mass of dollars ever begins to crumble, it could start an avalanche that would bury all other currencies...
...increases are granted, rather than having them parceled out in paychecks through the year. Employees like this option because it allows them to use their raises to buy big-ticket items like cars, color TVs and refrigerators sooner rather than later, when they may cost more. But some employers fear that the practice of giving lump-sum raises, if it were to spread, might fan inflation by fostering a buy-now philosophy...
Although she said she believes her books became successful because women could identify with the struggles of her heroine, she added "The Fear of Flying is revolutionary because Isadora endures...
Erica Jong, best-selling author of "Fear of Flying" and "How to Save Your Own Life" said last night women have not resolved the conflict between 20th century ideas of sexual liberation and the moral codes their parents told them to obey...