Word: highes
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Dates: during 1970-1979
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PERSONAL LOANS: In many states interest rates on loans to buy a car or boat, finance a vacation or "for any worthwhile purpose," as the bankers say, have long been as high as the law allows-13.38% in New York on a three-year car loan. But bankers will tighten standards for receiving such loans; some say they will scrutinize a borrower's "relationship" with the bank. Translation: if you don't already have a savings or checking account there, don't bother asking for a loan. Bright spot: student loans will continue to be available...
...underwriters-including the Abu Dhabi Investment Co.-were involved in the syndicate selling the issue, and their losses may run as high as $25 million. The main reason was that the Federal Reserve Board jumped the gun in pushing up the discount rate to banks to a record...
Asked whether the high visibility of his wife Rosalynn might not be hurting his own image as a strong leader, Carter spiritedly defended her "very strong role" in public life and her political campaigning. Needling reporters a bit, he claimed that Rosalynn had not notably stepped up her public appearances from a year ago, but "the difference is that now the press is paying attention to where my wife goes and what she says...
...food. Without it Carter might be hoeing peanut plants for the Queen and Kennedy might be a barkeep in Ireland. While we falter in other global competition, this season the U.S. harvest of corn, soybeans, wheat and other grains will humble even mythology. The Soviets know. With tensions high over the troops in Cuba, Secretary of Agriculture Bob Bergland was not sure Moscow's grain negotiators would even show up a few days ago to review purchases. They did, and signaled that they would buy 25 million metric tons of grain, a new high. Burly, dark-haired Boris Gordeev...
...Castro has chosen to challenge U.S. hegemony in the Caribbean by picking "targets of opportunity"-places where a minimum of aid can yield high propaganda dividends without directly confronting U.S. might. In Nicaragua, Castro did little more than supply arms and some training for the Sandinistas, who also received assistance from Latin America's remaining handful of democracies. Instead of attempting to foment revolutions, the Cuban leader has launched an aggressive campaign of diplomacy and aid that speaks to the social ills plaguing the Caribbean. Says a British Caribbean specialist: "The Cubans did not create these conditions. They were...