Word: forecaster
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Dates: during 1960-1969
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...Gain. Fowler forecast last week that progress toward change will be achieved by next spring, and that the talks will be widened to include the smaller IMF members outside the Ten. That estimate is optimistic, but even France's Finance Minister Valéry Giscard D'Estaing admitted: "The ice floe on reform has at last broken. People are now ready to talk business." Perhaps it was symbolic that, in their off-hours Fowler and Federal Reserve Chairman William McChesney Martin played a brisk match of tennis against Giscard and his deputy, André de Lattre. Score...
This sturdy performance was backed both by the possibility of more defense spending for Viet Nam and by a growing confidence that the 55-month-old economic expansion will continue. Last week Gardner Ackley, chairman of the President's Council of Economic Advisers, forecast that the economy will continue expanding through 1966 and said that the top of the current advance is not yet in sight. The Government expects total output of goods and services to rise to $670 billion in 1965 up 6.6% from 1964. U.S. industry seems to share the optimism: the Commerce Department boosted its estimate...
...will carry many more instruments than the much smaller Gemini. With its farsighted cameras, radar and infra-red sensors, its crew will be able to make more accurate maps of the continents and ocean currents than now exist, forecast weather and survey crop conditions. The orbiting Air Force technicians will also perform telescopic studies of the planets, and investigate the proton showers and other radiation from the sun. But the most significant work will be for defense. MOL can be used to reconnoiter targets, detect nuclear blasts and spot missile firings. Already the Navy has asked the Air Force...
Coffee prices have risen a bit in the past few months, but with a record crop forecast for next season, traders predict that the recovery will be short-lived. Though it can ill afford the expense, the Brazilian government expects to buy up half of this year's crop in an effort to prop prices. Colombia, dependent on coffee for 70% of its exports, has resorted to bartering for goods that it lacks the dollars...
...that the nation's economic picture is "excellent." Next day, Commerce Secretary John Connor told the National Press Club: "Business is great, and it's going to get even better." At the same time, speaking in Manhattan to the American Marketing Association, Chief Presidential Economist Gardner Ackley forecast that "continued solid advance is still ahead of us through 1965 and into...