Word: internationale
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Dates: during 1960-1969
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CURRENCY devaluations by major countries were once regarded as cataclysmic events likely to cause global shock waves that would disrupt trade, employment and international investment. Last week, when world money markets reopened after France's surprise 12½% devaluation of the franc, the repercussions proved to be notable for...
The dollar's steadiness in money trading last week was a tribute to its role as the basic currency of the world monetary system rather than to the international strength of the U.S. economy. At week's end, the Treasury disclosed that the U.S. balance-of-payments deficit...
Obstacle Course. Yablonski, 59, himself a member of the 140,000-member union's ruling elite, is the first serious challenger for the U.M.W. leadership since the late John L. Lewis turned back Insurgent John Brophy's bid in 1926. The raspy-voiced Pennsylvanian has served on the...
Zambia's action also creates problems for other underdeveloped countries, which need foreign venture capital in order to develop both their resources and their economies. Although Chile made arrangements to pay the owners of expropriated American firms for their losses in three years, foreign investors have been understandably slow...
Died. William Goetz, 66, movie producer and studio executive; in Los Angeles. A son-in-law of Movie Tycoon Louis B. Mayer, Goetz helped found both 20th Century-Fox and Universal-International before striking out on his own in 1954. His hits included Sayonara, The Song of Bernadette, Winchester '...