Word: lowe
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Dates: during 1960-1969
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...power of turbine racing cars. The few details that have leaked out seem to indicate that the U.S.A.C.'s aim was bad; reduced engine power or no, Granatelli's turbines are still likely to be the fastest racers on the track. The new cars are chiselnosed, so low to the ground that the only part of the body higher than the tires is the exhaust funnel located be hind the driver's head. And one source close to Granatelli says that this year's models will make last year's STP Special -which qualified...
...least that. Last week he gave out the figures for February, and they seem to bear out the point. The number of robberies had bobbed back up from 163 to 207. But the rate did not go up in the crackdown areas; all the increase was in previously low-crime areas. Headley thinks that means that the crackdown has driven some criminals into new territory. The obvious conclusion: intensified police work can make a dent in crime but it is no substitute for sufficient numbers of policemen in a well-run department...
...dollar and the international monetary system. On the London market, gold purchases reached some $300 million, many times the nor mal demand. Because the fortunes of sterling and the dollar are closely linked, that was enough to drive the value of the pound down to a record low of $2.392, despite efforts by the Bank of England to prop it up. (In Montreal, quotations in 9210 Canadian dollars registered a comparable price.) Gold sales also soared in Paris, Zurich and Frankfurt. Everywhere, buyers were betting that the U.S. would be forced to raise the price of gold - a step tantamount...
...spread ripples through stock markets on both sides of the Atlantic. The price of gold-and silver-mining shares spurted on the London Stock Exchange in response to heavy domestic, continental and U.S. orders. On the New York Stock Exchange, the Dow-Jones average dipped to a 14-month low of 827.03, then rallied a bit to end the week...
...country's nuclear force de frappe; when his military DC-6 crashed on takeoff from the Indian Ocean island of Réunion, killing 19 aboard, including his wife and daughter. Placed in charge of developing a French Abomb, Ailleret orchestrated the project that succeeded in detonating a low-yield plutonium device in the Sahara in 1960; as Chief of Staff, he planned the "all azimuths" strategy, in which France seeks the ability to deliver nuclear weapons to any point on earth...