Word: globally
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Dates: during 1970-1979
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...downward] movement of the dollar against the Swiss franc in a single day? It's out of this world!" Money traders worry quite as much as any finance minister about what the drop in the world's central trading currency is doing to the global structure of finance. Says Michel Grare, trader for Credit Lyonnais, a major French bank: "It's very worrying if one can't believe in the U.S. What, after all, is Switzerland? It could be fragile." Not a few money traders openly pine for the pre-1973 days of fixed exchange rates...
...cannot have a peaceful and prosperous world if a large part of the world's people are at the edge of hunger." Chaired by former Panama Canal Negotiator Sol Linowitz, 64, the commission has a $3 million budget and a daunting task: to review existing studies on global food shortages, consult with international experts and recommend steps by mid-1979 that the U.S. and perhaps other nations can take to combat the problem...
...global war one needs a global family, and Pug Henry's circle of relatives, friends, lovers-and relatives of friends and lovers-expands in this book to meet the need. Pug's immediate family is Navy all the weigh: at the Battle of Midway, Victor Henry commands the cruiser Northampton, while his son Warren is a dive-bomber pilot who helps to wound one of the Japanese carriers in that decisive victory at sea. Son Byron is in submarines. Daughter Madeline is in wartime show business, but she takes up with a young officer who just happens...
South African investments were the lynch pin, the growth point of his global empire. "American and European millions are cigarette money to Engelhard's operation; the real money comes from South Africa," Paul Jacobs wrote for Ramparts magazine in 1966. It is difficult to know exactly how large the Engelhard family's interests in South Africa were and continue to be. Charles Engelhard was a master of the secret stock deal, the creation of the paper corporation. He owned companies that were subsidiaries of subsidiaries of subsidiaries. Through a wide range of company chairmanships and directorships, and minority and majority...
...Engelhard's interests controlled an estimated 15 per cent of South African gold mining industry during the '60s. Indeed, it was through his entry into the South African gold industry during the early '50s that Engelhard first started to turn his father's relatively modest metals business into a global powerhouse. Setting himself up as a bullion dealer in South Africa, Engelhard beat restrictions on the export of newly mined gold by manufacturing solid gold art items--solid gold pulpit tops, dishes, bracelets. Once legally exported in this manner, they would be melted down into bullion again...