Word: lowe
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Dates: during 1960-1969
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Final Mission. Blasting off after a 31-hr. 31-min. stay on the moon, Intrepid's ascent stage quickly gathered speed as it rose above the Ocean of Storms. "Wow, we're really smoking along," Conrad shouted. Within minutes, Intrepid was successfully inserted into a low lunar orbit with an apolune (high point) of about 50 miles. Three hours later, Intrepid was so close to Yankee Clipper that the command module's color TV camera caught a picture of Conrad's face, visible in an LM window. "Stand by to receive the skipper...
...glittering bubble designed by Buckminster Fuller made the U.S. Pavilion the highest-and most striking-building at the fair. For Osaka's Expo 70, the U.S. has come up with a switch: a ground-hugging shallow dome that will be the lowest pavilion at the fair-so low, in fact, that part of it will be underground...
Welfare Squeeze. In several respects, however, the Hollister-Palmer thesis remains debatable. Many poor may have obtained their first jobs during the current inflation, but many others have held low-paying jobs all along. There is little solid information on how they have fared. Sketchy federal surveys indicate that wages of variety-store clerks and cleaning women in Atlanta and Philadelphia have risen faster than consumer prices in recent years. Andrew Brimmer, a member of the Federal Reserve Board, suspects that more complete figures-which no one collects-would disclose that the wages of many other poor workers have fallen...
...Export-Import Bank's funds. Exporters can now borrow only limited amounts at the bank's 6% interest rate, and must finance the rest of their sales with private loans at 9% or more. Many foreign competitors can borrow all they need from their governments at low rates-and save a crucial 1% or 2% in financing costs. A second measure would allow U.S. corporations to defer income taxes on export profits-so long as the money is reinvested to generate more exports-without setting up a corporation abroad, as the law now requires...
...problem in carrying out the new "Pauline policy" is how to keep the Vatican's income high while rearranging its portfolio. Accordingly, financial men expect the church to invest more funds outside Italy than it has in the past. By adopting a low domestic profile as a capitalist, the Pope hopes in time to erase the "Vatican satellite" image from Italian companies...