Word: low
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Dates: during 1970-1979
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...when the fruit reaches the border, where Soviet inspectors often rate it substandard and lower the price. Afghan natural gas is piped over the border. The Russians have craftily installed the meters on their side and pay for the gas at about one-third the world price by bartering low-grade gasoline. New proposals are being discussed to exploit huge Afghan copper and fluorite deposits on terms that one international expert likens to those for Cuban sugar; such deals could tie Afghanistan irrevocably to the Soviet Union...
...Carter huddled with his economic advisers to plan a Stage Two anti-inflation program and warned in a speech to the steelworkers that it will be "tough" and require "some sacrifice from all." The Federal Reserve made some additional moves to tighten credit, the dollar sank to a new low against the Swiss franc, and prices worried down again on the stock exchanges...
...Johnson created it in 1964. Reappointed by Carter, and enjoying somewhat greater clout in the Oval Office, she helped persuade the President to raise beef import quotas in June as a way to drive down meat prices, and she is lobbying for legislation to keep coffee and sugar prices low. Of her new publication she says: "It's not pabulum. It's no WIN button...
...inventions, its chief economic rivals are expanding their research efforts at much faster rates. One consequence is becoming dramatically clear this year: because the U.S. no longer commands such a high share of the world's high-technology market, it no longer can offset its large imports of low-technology items such as shoes and clothing. As a result, in 1978 the country will import substantially more manufactured goods than it will export. The deficit for the first half of 1978 was $14.9 billion, which will do more damage to the trade balance this year than anything...
Waist Watcher's Selection. Low-calorie, citrus-rich, jammed with vitamins and colorful taste thrills...