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Word: floating (lookup in dictionary) (lookup stats)
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Speculators have trouble getting hold of riyals. Some branches of European and American banks in Bahrain have attempted to float bond issues denominated in riyals in Europe. They got a stern bawling out from the Saudis for not asking permission to launch what the Saudis feared might be the beginning of a perilously unstable Euroriyal market...

Author: /time Magazine | Title: Business: Economy & Business, Nov. 27, 1978 | 11/27/1978 | See Source »

...illustrations, this consoling fiction made Rockwell seem a reticent monument of Americanism. In 1976, more than 10,000 spectators and 2,000 participants turned out for a Rockwell parade during the Bicentennial in Stockbridge, where he lived with his third wife Molly Punderson; for an hour and a half, float after float passed by, each bearing tableaux representing his most popular illustrations?the Four Freedoms, the Boy Scouts, the doctor solemnly examining a girl's broken doll, the returning G.I. Corny, certainly; but no American artist had ever received such an affecting tribute. By then Rockwell had outlived his subject...

Author: /time Magazine | Title: Art: The Rembrandt of Punkin Crick | 11/20/1978 | See Source »

...city's most pressing problem: a shortage of money. According to some estimates, Cleveland is running a $16.5 million deficit and may have to default on $15 million in short-term notes that come due next month. One way out, says Finance Director Joseph Tegreene, 25, is to float a $50 million bond issue in December. But the city's credit rating is as low as New York City's was during its 1975 financial crisis...

Author: /time Magazine | Title: Nation: Cleveland: Facing Collapse? | 11/13/1978 | See Source »

...explode out the door into the clear, cool sky. Caught in the rushing wind, I do two lazy back loops before settling into a stable, face-to-ground position. My job is easy: merely to float while seven others "fly" to me, the first gripping my wrists, the next two docking between us, breaking our grip and seizing their own. The others come into the circle, one by one, until we are a round, eight-man "star," falling at 120 m.p.h. We hold this for 5 sec., then the eight others fly in, attempting to dock with their hands gripping...

Author: /time Magazine | Title: Sport: Catch a Falling Snowflake | 11/13/1978 | See Source »

Crack, crack, crack! The chutes snap open, blossoming in the sky like popcorn. They are a far cry from the old rounded canopies of World War II. Brightly colored, they are designed to allow the jumpers to maneuver on the way to earth. They float downward for two, maybe 2% minutes. Then they are upon you, the suspended jumpers emitting war whoops because it went well, they have made a good dive, and maybe because they are high on their own adrenaline and they feel so good. "We're all adrenaline junkies," says a jumper...

Author: /time Magazine | Title: Sport: Catch a Falling Snowflake | 11/13/1978 | See Source »

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