Word: lire
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Dates: during 1990-1999
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...first celebrity pope, splitting holy hairs about January 1, 2000, not technically being the millennium ?- is the kickoff of the Jubilee, a celebration that might have been just another musty Vatican ceremonial if Karol Wojtyla hadn?t come along. Under John Paul II, thanks to countless hours and countless lire, it?s more like a worldwide, millennium?s-end sales event. "He?s determined to make it a time for conversion, diocese by diocese," says Burke. "To him, it?s an incredible historical opportunity to spread the Catholic Church?s message to a world that needs it more than ever...
...important step toward a federal government. Since there is no major country in the world that does not have its own currency, abolishing national currencies is a major move toward abolishing European national states. When Spaniards and Italians have euros in their pockets instead of pesetas or lire, they are bound to feel more like "Europeans...
...common currency will reduce costs enough for European companies to make them more competitive with American firms. But Zimmerman believes the effects on balance will be favorable. Companies exporting to Europe from the U.S. or from plants in, say, Germany or Italy need not worry about how many lire a mark might be worth next year. They can set a single price list, in euros, for the whole Continent...
...Guilietta Masina) sister Rosa has already died on the road with Zampano's (Anthony Quinn) one-man travelling show when "La Strada begins." Needing another assistant, Zampano returns to Rosa's village where the girls' mother agrees to sell Gelsomina to Zampano also, in exchange for 10,000 lire. The other children are going hungry and Gelsomina herself is regarded as somewhat worthless; she is exceedingly timid and does no work to help the family. If this exchange seems somewhat coldhearted, it only hints at the treatment Gelsomina will receive throughout the rest of the film...
Then, after much roaring over a forthcoming cut in its interest rates, the German Bundesbank delivered a monetary mouse -- a reduction of only one- quarter of 1% in its key rate. That did more harm than good, and currency traders resumed dumping lire and billions of British pounds. In London Prime Minister John Major's government, determined to stay with the E.C. system in the face of the pound's continued fall, tried to lure investors at midweek with an increase in the Bank of England's interest rate, from 10% to 12%. Even when, in desperation, the rate...