Word: low
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Dates: during 1970-1979
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...excellent voices of the performers. The story tugs at the tear-ducts, with events ending unhappily for two star-crossed lovers in Appalachia. But the music is superb, utilizing old folk songs and ballads; most viewers will recognize the haunting title song "Down in the valley,/The valley so low..." At a little church at 90 Park St. in Brookline. Call 354-3703; Special student rate...
Unreasonable exchange rates, which now mean a cup of coffee costing $2 in Geneva or a hotel room $100 a night in Tokyo, increase the danger of protectionist trade wars as everyone runs to shield his market against low-priced U.S. competition. The Tokyo Round of trade talks, which has been dragging on for four years, is in danger largely because of the dollar. Finally, global inflation is being fired anew. Uncertain what the value of a product will be even a few weeks from now, both exporters and importers raise prices a little more to ensure against a possible...
Since the shocks of the early 1970s, the world's economies have lived in a period of tension and trauma. Oil price increases, world recession, rampant inflation, low growth and severe balance of trade problems have left leaders in the chancelleries and the counting houses doubting the present and fearing the future. But nothing has been worse in a period of crumbling foundations than the decline of the dollar, which is the talisman of an uncertain world. A first move toward a more secure economic future would be to re-establish the stability of the dollar inside a more...
...Even some of Marcos' opponents felt that the U.S. stance on human rights was a crude intervention in Manila's domestic affairs. Local businessmen complain that their coconut oil is heavily taxed when it enters American ports, while a similar product from Malaysia is imported under low preferential tariffs. Meanwhile, the archipelago is awash with American pop culture. Rock 'n' roll is so ubiquitous that the radio stations have been ordered to play at least one Filipino-language song every hour...
...making the U.S. more competitive in world markets, and of policy directives intended to alleviate Government obstacles to trade. On the practical side, the President ordered a modest expansion of the federal machinery that helps American businessmen sell their goods abroad. For example, the Export-Import Bank, which provides low-cost loans to foreign buyers of American goods, will be given more generous financing. Also, the Small Business Administration has been authorized to advance as much as $100 million in loan guarantees to little firms that engage in exports...