Word: marketed
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
When the 723-ft. America was launched in 1939, it was the flagship of the United States Line, the country's largest, fastest, most luxurious liner. But 25 years later, when planes took over the transatlantic travel market, the ship began losing money and was sold to a Greek shipping firm that used it chiefly for cruises around the world. This month, having been resold and then refurbished at a cost of more than $2 million, the America set sail from New York City on a new career and immediately ran into a sea of troubles...
...Planning Agency Director Kiichi Miyazawa. "The fact that our surpluses continue to increase despite our efforts is due mainly to U.S. foot-dragging on her energy problem and inflation." (Another cause of the surplus, U.S. officials argue, is the inability of American exporters to penetrate the highly protected Japanese market...
Next, they agreed to cut Common Market oil consumption by half over the next seven years. The pledge obviously put strong new pressure on Carter to curtail U.S. oil imports as well. In return, the Europeans were prepared to offer a concession of their own-an indication by West Germany of willingness to expand its economy slightly, thus complying with a long-standing U.S. demand that Bonn pull its weight and help move the world economy toward real recovery...
...trail-blazed black African decolonization 21 years ago has since had an unhappy political record. Kwame Nkrumah, Ghana's Osagyefo or Redeemer, was deposed by a 1966 military coup because his grandiose economic mismanagement had hobbled the nation with debt at the same time that the world cocoa market slumped. The next civilian government lasted only three years before Prime Minister Kofi Busia was ousted by the army. Last week General Ignatius Kutu Acheampong, 46, who took over in 1972, met a similar fate. Acheampong suddenly resigned from the army and as chairman of the ruling Supreme Military Council...
...chairman has no statutory power to command. He has only one of seven votes on the board and one of twelve on the Federal Open Market Committee (FOMC), which makes the key operating decisions on money supply and interest rates. The practice is to have discussion go around and around the table until a consensus emerges, and take a vote only after its outcome has become a foregone conclusion. A forceful chairman can guide and shape the debate, but it had been thought that Miller's lack of training in banking might cause him to defer to his strong-minded...