Word: golds
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Dates: during 1980-1989
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...GOLD. Experts agree that one of the most effective ways to hurt the South African economy without creating higher unemployment among blacks would be to force down the price of gold. South Africa earns $7 billion a year from its sales of gold, priced at about $350 per oz., to other countries. The British magazine the Economist has suggested that countries holding large amounts of gold in their central banks could merely issue a threat to sell significant quantities unless Pretoria eased some of its repressive measures, and then "private hoarders from Bombay to Brittany would be rushing to sell...
TOTAL TRADE EMBARGO. This House-approved measure could clip the profits of white-owned businesses and apply marginal pressure on the government, while probably throwing blacks out of work on a significant scale -- particularly if mining of gold, coal and diamonds was seriously impeded. American exports to South Africa declined to $1.3 billion last year, while U.S. imports have remained fairly steady at slightly above $2 billion. A trade embargo would thus have little financial effect on the U.S. As for South Africa, it could probably evade export restrictions by shipping its goods through other countries. This would increase...
...friend Tom and I were lucky enough to happen on a pwe, one of the Burmese religious festivals that go on all night and all day, held on various special occasions, like weddings. We stood at the door watching as two female dancers in elaborate face make-up and gold-embroidered longgyis danced to the rhythm of traditional wooden Burmese instruments. The dancers were encircled by small children at their feet and adults further back, all squatting on the floor...
...sold a certain large piece of real estate to a young Western power for $7 million, what was really signed (and nicknamed Seward's folly) was only a 99-year lease. A crucial clause allows the Soviet Union to reclaim its property by paying a large sum in gold before the lease expires. Brezhnev, a stonehearted landlord, rubs his hands and plots eviction. Will Scott and the female bass-fiddle player who has befriended him make it across the right border? Will the property end up in the wrong hands? The questions are well worth pursuing to their odd conclusions...
...Sutton Place apartment once owned by Marion Davies; Sigourney remembers swinging on the golden gates leading to the living room. "I was a privileged, pampered, sheltered child," she says of this Wasp gentility. "It was as though every day had a happy ending. My brother Trajan and I had gold cards giving us the run of Radio City Music Hall. I thought everyone's father was head of a network. Though it made things confusing when I was learning the alphabet -- how did it begin...