Word: inflow
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...rope, where they have commanded interest rates as high as 12.5%. U.S. banks, pinched for funds, have borrowed many of these dollars to re-lend in the U.S. These "turnaround" dollars count as a capital outflow when deposited in Europe, but do not count as an off setting inflow when re-loaned in the U.S. Government economists say this distortion may have accounted for $2 billion of the $5.5 billion first half pay ments deficit...
...prestige of ROTC's position facilitates the military's "informational activities" within the university. The more prestigious its status, the more easily will it attract top students into military careers. Thus, given the services' need for a steady inflow of educated talent if huge, swiftly-deployable forces are to be maintained at all times, the value of the present arrangement with the universities becomes, from a military standpoint, quite clear...
...biggest outflow ever in one month. Since then, the situation has eased. In April, the nation's gold loss dropped to $156 million, in May to $79 million. Last week came the most encouraging word yet. During June, the Treasury Department announced, the U.S. enjoyed a net inflow of $213 million worth of gold, the biggest single increase in the nation's bullion reserves in more than four years and the first monthly gain of any kind since last September. The June turnaround brought U.S. gold holdings to $10.68 billion...
Lately the inflow of bank savings deposits has slackened as well, causing widespread fears that depositors will soon begin taking their rainy-day funds out of institutions to put them into higher-paying bonds and other securities. The banks are unable to raise their bid for savings: almost all of them are al ready paying as much interest as authorities allow (61% for example, for large-sized six to twelve month certificates of deposit in New York...
...Medicine. But many others, desperate to exchange the miserable living conditions in their own countries for the relative luxury of English life, have entered illegally. Since the 1962 Act also provides free entry for the dependents of work-permit holders, false dependency claims have vastly boosted the annual inflow. Authorities believe that thousands of illegal immigrants are flown to Belgium or France and then, in a lucrative people-smuggling trade, ferried across the English Channel to deserted beaches (fare: $1,200 to $1,800). Between 1962 and 1966, the annual immigrant inflow rose from 6,580 to 32,689. Last...