Word: market
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Dates: during 1970-1979
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Legalize marijuana [Jan. 29]. Think of the advantages: a new taxable market, a reduction in the trade deficit (by growing and consuming domestic crops) and an end to all the corruption and violence that come with imported...
...wholesale) is said to both heighten the senses and relax the user. That might have been useful in the intense atmosphere of the trading floor. A senior DEA official doubts that profits from the coke sales were being used by the traders to cover their losses on the risky market. Millions are made and lost each day on the exchange, but Board President William M. Smith assured investors that their money was in no greater jeopardy than usual. Said he: "Only a small number of individuals are involved...
...said that this was "clearly the type of thing that causes people to run for gold." (Aides later maintained that Blumenthal had not been commenting on what Schlesinger had said, but on the Iranian situation itself.) Blumenthal forcefully reiterated that the Administration remains committed to maintaining stable market conditions for the dollar. Currency traders took this as a sign that the U.S. was prepared to intervene massively in the money markets to prevent a dollar rout, and the slide stopped, though the greenback still closed out the week lower than it began it. In fact, the Schlesinger-Blumenthal performance accomplished...
...fact, the troubles in Iran would be bad enough even if the country's oilfields were pumping as hard as ever. The reason is the collapsing Iranian market for Western goods and technology, which was illustrated by last week's cancellation of military sales contracts. Until recently, Iran was one of the nation's most important Third World markets, with imports from the U.S. jumping from just $769 million in 1973 to nearly $3.7 billion last year...
...earlier panel discussion centered on business openings on the international market. Vernon Stansbury, an administrator with the U.S. Commerce Department, stressed the need for minority businessmen on the international market. "In international trade, whites are in the minority," he said...