Word: france
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...Swiss, of all people, are all hot and bothered about those familiar international fall guys, the currency speculators. In sometimes furious trading on the European money markets over the past five months, the Swiss franc has risen in value by 22% against the dollar and just under 6.5% against the mighty West German mark. Lately the franc's gyrations have been especially wild. Last week, as the franc bounced to a new alltime high of 2.47 to the dollar on the Zurich exchange, the Bern government took a drastic step to curb the unwanted popularity of Swiss currency. Retroactive...
...which stated that although Jewish authorities pressed for the death of Jesus, all Jews could not be held responsible for what eventually happened. The judge then found De Nantes guilty of libel. As for Isorni, he was awarded exactly what he had asked for: symbolic damages of one franc-or about...
...being victimized by exaggerated perceptions of the U.S.'s economic problems, by fluctuations in interest rates and the fickle peregrinations of Middle East oil billions. At one point in the course of some fast and furious trading last week, the greenback was down nearly 14% against the Swiss franc and more than 8% against the West German mark from where it was only two months...
...zing because of a policy switch by the oil-producing countries. Until recently, the oil nations received and invested nearly all of their oil revenues in dollars and British pounds; lately, they have begun to spread out and funnel more of their receipts into other currencies, notably the Swiss franc. Alarmed at a sudden and disruptive surge in demand for Swiss francs from nervous outsiders eager to unload dollar holdings, the Berne government took steps to stop the surge. Nonresident foreigners will have to pay 3% quarterly penalties on new bank deposits of more than 50,000 Swiss francs...
Although jurors anguish over how their decision will be judged by posterity, publishers are more concerned about how it will be received by this year's Christmas shoppers. The 50-franc ($10.63) prize money will scarcely allow Novelist Laine to do more than make a polite purchase of the runner-up's oeuvre. Nonetheless, the honor should secure his novel sales of up to half-a-million copies. Even if public taste should deem La Dentellière a "bad" Goncourt, the odds are that at least 200,000 Frenchmen will be reading what the author calls...