Word: importance
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Dates: during 1970-1979
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...about Saigon's faltering economy, Nixon's men said, an unhappy U.S. Congress might sharply curtail American aid. Congress has reason to be concerned. Unchecked inflation has reduced purchasing power in South Viet Nam by 93% in the past 21 months. The trade deficit, thanks to American import subsidies, has risen to $685 million. The piaster, officially valued at 118 to the dollar, draws a black-market price...
...abroad on business. After posting bond, he flew off for five days to London. As if nothing had happened, the Greek junta went ahead and ratified a $200 million deal by which Niarchos will expand his Greek shipyards and build a new state oil refinery in return for oil-import concessions. A member of the medical team involved in the case confided that he was "almost sure there will be a happy ending...
...machinery and chemicals at hand, turns out a quintal (about 220 Ibs.) of rice in less than two hours; in North Viet Nam, where even hand tools are in short supply, it takes 64 to 80 hours. Just to meet the minimum needs of its people. Hanoi must import 800,000 tons of rice and wheat flour a year...
...hard to come by that the Midwest's biggest buyer, Commonwealth Edison, has now begun to burn its winter stocks of coal to supply Chicago with power. Even domestic oil is getting more expensive, and there seems little chance of the Government's liberalizing the import quotas it imposes on foreign crude...
...full pitch only five years ago, has become a whisper in the stores. Says Bonwit Teller President William Fine: "The line-for-line derby is not consistent with the changing times and mood of the consumer." Saks Fifth Avenue, Macy's and Alexander's have dropped their import copies. Lord & Taylor plans to continue its reproductions in different fabrics. But the only Manhattan department store still actually duplicating the Paris collections this season is Ohrbach's, and skeptics doubt that it will hold the line-for-line line much longer...