Word: france
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Dates: during 1960-1969
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Discussion reportedly centered on two proposals: a 10 per cent devaluation of the franc coupled with a $3 billion loan to France, or a 15 per cent devaluation with a $2 billion loan...
...larger devaluation would give a greater boost to the French export trade, thus reducing the need for credit to support the franc...
BONN--Devaluation of the French franc appeared almost certain early Friday morning...
...Group of Ten"--central bankers and finance ministers from the world's wealthiest Western nations--met here until 3 a.m. local time to decide what conditions to attach to a massive credit program to aid the franc...
Shriver's personality has helped in his new diplomacy, but he was also fortunate to arrive at the time of a new detente cordiale between the U.S. and France. Chip Bohlen, Shriver's predecessor, got along well enough with De Gaulle personally. But official relations began to thaw only after President Johnson restricted the bombing of North Viet Nam in March. De Gaulle hailed that as "an act of reason and political courage." The general was no less pleased with the choice of Paris as the site for the Washington-Hanoi negotiations. Then came France...