Word: inflowing
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...upward vector against nearly all the world's major currencies for a full two years, confounding predictions of bankers, businessmen and economists alike. They fully expected the greenback to begin weakening this year as interest rates fell, because much of its strength derives from the massive inflow of foreign capital attracted by the high returns on U.S. investments. Instead, the dollar has kept getting stronger, largely because inflation has been declining so rapidly in the U.S. and returns are still high compared with those in other countries, where interest rates have also dropped...
...more and more Western companies feel squeezed by foreign competition the pressure grows from industry and labor groups for new barriers to imports The U.S. already has restrictions on the inflow of textiles, steel and other wares The Japanese last year agreed to limit auto exports to the U.S. and some European countries, after being threatened with quotas. Protectionist sentiment, though will be opposed by consumer demands for low-priced imports and by Western governments fighting inflation...
...predecessor, Carlos Andrés Pérez, encouraged a series of ill-advised state enterprises, such as steelmaking and air transport, that last year ran up losses estimated at $2.5 billion. Other important sectors of the economy, mainly agriculture, have been corroded by the massive inflow of oil money: once a self-sufficient food producer, Venezuela now imports more than 50% of what it eats...
...years, the Whitney Biennial sails round and is promptly declared by its critics to be sinking. Look, the mast has gone! The hull has sprung, the captain is drunk, and the ship's macaw has taken over the chartroom! The pumps cannot keep up with the gurgling inflow of banality! Heavens, the parallels with Western civilization itself are too evident to resist! Not only are things not what they used to be, but it is so long since they were what they were that few can remember what they might have been. Indeed, one of the main uses...
During the war, Saigon became hooked on the inflow of U.S. dollars, and now the city is broke. More than 25% of the 3 million residents have no job. Says one high official: "Saigon needs $200 million a year to survive. The money should come from Hanoi, but this year Hanoi sent only $100 million and suggested we find the balance wherever we could...