Word: lowing
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Dates: during 1970-1979
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...defense was the perfect weapon against the hapless Engineers, who anchor their offense around their 6-ft. center, Diane Ozelius. With Harvard clogging the middle, Ozelius could not work down low, and was forced to shoot from outside her range...
...Economy With unemployment high, the dollar low and the stock market in distress, the economy will be Carter's sternest trial and the main focus of his policies this year. The $25 billion tax cut that he will propose this month is designed to revive business confidence, spark more spending on plant and equipment and head off a slowdown in growth that many economists expect late in 1978. Meanwhile, inflation shows signs of moving up again, fueled partly by measures that Carter either initiated or supported, including higher farm price supports and a steeper minimum wage...
Many of Guam's regulations reflect U.S. domestic politics more than common sense. The Environmental Protection Agency orders power stations to use low-sulfur oil even though the island is washed by a brisk 10 m.p.h. trade wind that blows away pollution. The Jones Act requires that all commodities shipped between U.S. ports be carried on U.S. vessels. The former rule adds $10 million to Guam's annual fuel bill; the latter has made the island's economy vulnerable to longshoremen's disputes that take place thousands of miles away. "We're always...
...followed the Treasury-Fed announcement was one for the record books. On Thursday morning in Zurich, the dollar opened 1% up in value against the Swiss franc from the previous day. the sharpest overnight dollar rise ever recorded there. In Frankfurt, where the dollar had sagged to a record low of 2.07 marks during its autumn-long slide, it abruptly recovered to nearly 2.16, also a record rise. In Tokyo. where the dollar had fallen to a postwar low of 237 yen on Wednesday, it promptly rebounded...
...West Germany, where the inflation rate has been running at about 4%, Americans exchanging their dollars for deutsche mark have suffered a 34.5% loss in purchasing power during the past two years. Hardest hit are the 224,000 U.S. soldiers and airmen stationed in the Federal Republic, especially low-ranking G.I.s with families that they must house in off-base apartments...