Word: fortnightlies
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...economic troubles had been piling up. Britain's trade gap had continued to widen-by $67 million in June alone. Gold and hard-currency reserves had fallen by $372 million in four months. Inadvertently, Wilson himself had speeded the crisis. Before leaving for his trip to Moscow fortnight ago, he explained to the House of Commons that the new 7% bank rate had been urgently necessary to defend the pound, then went on to add that other emergency measures would come in ten days' time. The warning unnerved investors and sent the pound plunging to $2.78 11/16-its lowest...
...counter the plan, General William Westmoreland ordered a massive spoiling operation. It was called Operation Hastings, and it involved nine battalions of U.S. Marines, the largest number ever thrown into any combat in Viet Nam, together with sizable South Vietnamese army and marine units. When it got under way fortnight ago, the total allied strike force numbered 11,000 men. It was a daring, defiant and, by its very nature, often disorderly operation. Into the dense river valleys and high mountains, marines were lifted by helicopter to begin a sweep through a 300-mile crescent of land, destroying Communists...
American pilots have repeatedly been paraded before hostile street mobs during the past fortnight, possibly to whip up the populace for more drastic action. At one display, said the Communists, there were cries from the crowd...
Last week Navy jets from the carrier Hancock went back to hit again Haiphong's major oil depot, a repeat of the raid that fortnight ago signaled significant new pressures on the enemy. At the time, reconnaissance indicated that 80% of the targets had been destroyed. When the roiling smoke cleared, the damage turned out to be closer to 30% . So the Navy went back, and for good measure, Navy and Air Force planes at week's end hit fuel dumps 35 miles north of Hanoi and 43 miles south east of Vinh. En route, Skyhawks and Intruders...
...will be only 32 million bushels, or a two-week reserve, rather than the 48 million bushels that the Government had previously estimated. Soon after, July soybean contracts dropped 11½% as a result of profit taking. Many individual fortunes have been made in trading over the past furious fortnight. In such a speculative market, amateurs are discouraged from going in, and even the wisest take an occasional bath in corn or wheat or oats...