Word: last
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Dates: during 1960-1969
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...devaluation and German revaluation, entered a new period of monetary tranquillity. The world's confidence in the value of paper money is measured by the volatile free-market price of gold: the higher the price, the greater the doubts among investors as to the worth of currencies. Since, last month's upward revaluation of the West German mark, gold has dropped abruptly. From an early October level of $41.20 an oz., the price in London sank last week to as low as $37.75 an oz. The price break was the sharpest since private gold trading was freed from...
...trade deficit is growing. The country must either sell more surplus gold to pay for imports or reduce them and invite domestic inflation. Some European bankers have been urging the U.S. to relax its opposition to South African gold sales for official reserves. Washington has rebuffed that idea, but last week Paul Volcker, Treasury Under Secretary for Monetary Affairs, suggested that if South African trade deficits grow to worrisome proportions, the country might instead sell some gold to the International Monetary Fund. After all, the IMF's main mission is to promote stability in the international monetary system...
...huddle under a thematic umbrella. Most often, the umbrella is a single author, as in O. Henry's Full House, or Somerset Maugham's Quartet, Trio and Encore. Or Truman Capote's Trilogy. In Capote's case, the effect is magnified by Director Frank Perry (Last Summer), working from scenarios by his wife Eleanor in collaboration with the author...
Undefeated in 11 games, Harvard clinched the Ivy League title last Saturday with a 2-1 victory over Brown. The next, and last, objective on the Crimson's agenda is the NCAA championship. The achievement of that goal hangs on Monday's elimination match against Brown...
...start of the season, Munro pricked Yale as the team to beat after Penn. "Nearly their whole squad was returning," Munro recalls. "Last season they had the best defense in the Ivy League, and the entire unit consisted of returning lettermen. On offense, Yale is a fine passing team with some extremely dangerous strikers." he said...