Word: limits
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Dates: during 1970-1979
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...dipped below the southwestern horizon, bringing winter darkness that will last into January. The city lies wrapped in a frigid cocoon of Arctic night. Beached boats of varying sizes dot the snow-covered ice pack that runs along the shore of the Chukchi Sea. That is the limit of Alaska's North Slope, the last land between America and the North Pole...
...Over the Limit. The terms for state aid often are stern. California's Medical program limits its assistance to families living at federally established poverty levels. Thus Maurice Chriqui, an employee of a Los Angeles architectural firm, applied for help to pay for his wife's dialysis and learned that he was ineligible if he had more than $1,200 in his bank account. Chriqui was $60 over the limit, so he ran out and spent the money in order to qualify. Others have been forced to sell their homes or cars before becoming eligible for assistance...
...firm paid little or no bonus last year because business was bad, but had a record in prior years of giving a bonus, this year's payout would probably be permitted. Companies that seek to raise their bonuses are expected to adhere to the board's 5.5% limit on overall pay increases. Thus, whatever a company adds to its bonuses, it will have to subtract from its increases in wages and benefits in order to stay within the 5.5% limit...
...legion of gold hoarders, who possess many votes. The French, however, do not want too big a U.S. devaluation; they indicate that 7% to 8% is the most they could take. A U.S. devaluation means an equivalent rise in the value of the franc, and the French want to limit that rise. They are reaping trade gains now by maintaining a relatively cheap currency. Besides, the more the dollar is devalued, the less the German mark will have to be revalued upward. And the French want to see the mark go up officially so that they will hold a trading...
Stans told his Russian hosts that the trade trickle could swell tenfold by the mid-1970s to $2 billion, a figure that analysts in his own Commerce Department find a bit too heroic. There are about as many obstacles to increased trade as there are to an agreement to limit strategic arms. The Soviets dearly want American high-technology goods, like computers and machine tools. Aside from natural gas and metals, however, they have little of compelling interest to offer American customers. Russian mining officials hope to entice American firms to help them exploit some of the huge Siberian copper...