Word: germanic
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Dates: during 1970-1979
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...could make seem charming. He addressed 60,000 at Shea Stadium in four of the seven languages he speaks with facility? English, Spanish, Italian and of course, Polish (French, Latin and German are the other three) and drew applause by simply pronouncing place names with theatrical timing, greeting the crowds "from Long Island? and New Jersey? and Connecticut [pronouncing all three c's]? and [long pause] Broke-leen...
...actions-a harbinger of his imminent retirement. He called to mind a story told by West Germany's Chancellor Kurt Georg Kiesinger on the basis of which he predicted that De Gaulle would not serve much longer. According to Kiesinger, De Gaulle had said Franco-German relations: "We and the Germans have gone through a lot together. We have traversed forests surrounded by wild animals. We have crossed the deserts parched by the sun. We have climbed peaks covered by snow, always looking for a hidden
...madness, as usual, was not over precious metals so much as money-specifically the battered U.S. dollar. Once again greenbacks were being sold off heavily in world markets in exchange for more robust currencies. Struggling to keep the buck from plunging further, which would hurt West German exports, the Bundesbank spent $1.2 billion in deutsche marks to buy up unwanted dollars last week. By happenstance, as the buck was worrying down again, central bankers, finance ministers and some 6,000 other leading moneymen were gathering in Belgrade, Yugoslavia, for the annual meeting of the 138-nation International Monetary Fund. Treasury...
BROADER DOLLAR PROPPING. Until now, in their efforts to keep the dollar from falling too sharply against the muscular mark, the U.S. and West German central banks have confined their buck-bolstering efforts mainly to the New York and Frankfurt markets. Now they have agreed to intervene in all financial centers. Reason: the world money markets have become so sensitive and intertwined that a drop in, say, Hong Kong ripples rapidly throughout the world...
...Carter anti-inflation program, the Administration agreed not to try to penalize any violators of the "voluntary" wage and price guidelines. Miller attempted to soothe his colleagues in Belgrade by promising that the Administration would "stay the course" in battling inflation, but doubt remained. Said one West German Cabinet minister: "The problem is Carter's chaotic leadership...