Word: influxes
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Dates: during 1980-1989
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Author Eliza G.C. Collins, a senior editor of the HER, observes that the influx of savvy, intelligent women into managerial ranks has set the stage for high-and medium-level love in American business as never before. Among Collins' examples are male executives in their 40s, secure in their careers but with wives at home whom they long ago left behind emotionally. Along comes temptation in the form of "senior females who were not passive but powerful equals ... sources of acceptance and love but also people who understood-and did not try to pull them away from-the executives...
Last year alone, 4.4 million pilgrims came from Europe, Asia, Africa and the Americas. The annual influx of visitors, which has grown by nearly 40% since 1966, has transformed Lourdes (pop. 18,096) into one of the busiest tourist spots in France. Only Paris and Nice have more hotel rooms. As the first reigning Pontiff to visit Lourdes, John Paul was also affixing a sort of Vatican seal of approval to a Catholic shrine that is controversial as well as popular...
With that triple dosage of encouragement, the market in the next ten months set 25 records. It was fueled by an enormous influx of cash held by pension funds and other institutions. Another source: $35 billion from individuals seeking to set up their own Keogh plans and individual retirement accounts, the latter provided under a law opening such benefits to all employees as of January 1982. Much of the IRA money was switched out of bonds and money market funds and into equity mutual funds (see chart). So was a great deal of non-IRA money. As interest rates dropped...
...strongest currency because record federal budget deficits have combined with the Federal Reserve Board's tight money policies to drive up U.S. interest rates. The high rates have then served as a magnet for funds from investors ranging from Japanese manufacturers to Arab oil sheiks. This vast influx of foreign cash, which totals $40 billion so far this year, creates a growing demand for U.S. currency and pushes up its value. Last week U.S. interest rates seemed to be heading higher. The Government reported that July unemployment had tumbled to an annual rate of 9.5%, the lowest level...
...into drafts of Reagan's April 27 speech to Congress; all three times, State Department drafters took it out. Their primary argument was that unlike Western Europe after World War II, Central America does not have the skilled workers and political institutions to make good use of a sudden influx of financial...