Word: float
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Dates: during 1970-1979
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...several Labrador retrievers whose mission was to sniff out any explosives that might be hidden within the ship. With three tons of matzoth in the pantry to be served during the eight-day Passover, one joke circulating on board was that, if necessary, the passengers could always float to safety on a raft of unleavened bread...
...nice out yesterday. Not nice enough to lure President Nixon out of the White House to give fellow Americans a garden tour. Nice enough to move the table hockey set outdoors. And yes, nice enough to go sit by the Charles and watch the prophylactics float...
...strong feeling of uneasiness, frustration and estrangement from the rest of the world. Recently there appears to have been a revival of something like the old sense of isolation, because the United States has led the other Western powers in "ganging up" on Japan--forcing it to float...
Ante Up. Since their currencies are already floating individually, Britain and Italy decided not to join; Ireland followed Britain because of the two nations' close trade ties. But after their currencies sink slightly lower, London, Dublin and Rome may decide to join their Common Market allies. Meanwhile, Sweden and Norway asked to be included in the joint float, even though they are not EEC members...
...efforts to reform the tattered international monetary system. When exchange rates were supposedly fixed, monetary officials puzzled over how to define rules that would permit inevitable devaluations and revaluations to be made without causing financial and political trauma. That problem has now been solved, at least temporarily, by the float: exchange rates will be adjusted gradually and automatically day by day. Now the major task is to draw up standards governing when, and under what conditions, governments will be justified in intervening in currency markets to keep exchange rates from floating too freely...