Word: giersch
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...badly. In 1980, West Germany's current account deficit, which includes trade of both goods and services, reached a record $15.4 billion; inflation was 5.2%, an unacceptable level by West German standards. The Bonn government is therefore slowing the growth of spending and curbing the money supply. Herbert Giersch, director of the University of Kiel's Institute for World Economics, expects no growth in his country this year, following a 1% decline in 1980. Though inflation should fall to 3.5% by the end of 1981, unemployment will rise from its present rate...
...these funds protected. One of the few bright bits of financial news for the U.S. in 1980 was the strength of the American currency on international money markets. During the year, the dollar increased in value by about 13% against the West German mark. Says West Germany's Giersch: "We would like to see the dollar again as the leading currency in the world...
...faculty prides itself on being able to patch up a student's background learning. Among the more popular offerings are remedial courses in basic writing and mathematics. "We take lower ability kids, yes," says Biology Chairman Don Giersch, "but we're able to instill confidence in a lot that might have bombed out elsewhere right away." Conversely, through the College Level Examination Program, older students can get credit at Triton for learning acquired outside the classroom...
...large portion of the credit for this Crimson victory must go, unfortunately, to the adverse weather which prevailed throughout the game. A high wind was blowing at most times and the temperature was a wintry 40 degrees. B.C. pitcher George Giersch, perhaps the finest hurler in the Greater Boston League is primarily a slow ball, control pitcher, and he just could not keep the fine edge on his pitches under such conditions...
Right-hander George Giersch, perhaps the most effective pitcher the Crimson will face this year, is slated to start on the mound for the Eagles...