Word: kronor
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Dates: during 1950-1959
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...Uruguay a large part of the $25.5 million World Bank loan was made in West German marks, and the rest in Swedish kronor, Swiss francs, and other currencies to allow the country's nationalized electric-power system to buy equipment from European bidders. The specific Uruguayan project: a hydroelectric power plant at Rincón de Biagorria on the Rio Negro complete with transmission and distribution facilities. The new plant will increase Uruguay's power production...
...years later Eero proudly walked off with first prize in a Swedish newspaper matchstick-design contest, collected 30 Swedish kronor ($8). The same week, his father received a telegram from Chicago announcing that he was runner-up in the international Chicago Tribune Tower contest, with a design that Skyscraper Architect Louis Sullivan hailed as "a voice, resonant and rich, ringing amidst the wealth and joy of life." Eliel Saarinen promptly dipped into the $20,000 prize to move his family to the U.S. When the family landed in Manhattan, Eero Saarinen was twelve...
Last week the judges pronounced their verdict: guilty. They sentenced Bishop Dick Helander to deposition from the Bishopric of Strangnas and waived the fine that might have been imposed, but ordered Helander to pay court costs of 14,500 kronor. The bishop heard the news by telephone in his episcopal residence. "I am innocent," he said. Later his lawyer announced that he would appeal...
...will be the biggest mixture of European currencies ever passed in one package by the World Bank-some $10 million in French francs, $7,500,000 in Swiss francs, the rest in British pounds, Belgian francs, German marks, Austrian schillings, Italian lire, Dutch guilders, Norwegian kroner and Swedish kronor...
...sterling area, sent French prices soaring, started a run on EPU's lending department. By last week, EPU's deficit with the dollar area was still a huge $3.7 billion. Equally alarming, the Payment Union itself was out of balance. Some IOUs (e.g., Belgian francs, Swedish kronor) proved "harder" than others, easier to convert into dollars. The richer nations grew richer, the poor got poorer. Richest of all were the Belgians and their trade partners, the Luxembourgers, who had piled up an unmanageable EPU surplus of $750 million...