Word: millions
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Dates: during 1960-1969
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...their slow but steady increase. More encouraging, imports showed their biggest monthly decline since devaluation, indicating that consumer spending, which had been fueled by fear of higher prices, has finally started to ease. As a result, the country's trade deficit for June, while still a substantial $280 million, was down by 34% from...
...painted a brilliant cerise, truly modern furniture was stocked next to the Louis XV and Chippendale. But foremost among efforts to rejuvenate itself is the store's "Way In" boutique, where the Rolling Stones belt out background music. Since it opened last year, customers spent an astonishing $2.2 million on such way-out paraphernalia as see-through dresses and ties with tinkling jingle bells...
With 32 depositor nations among its members, the Manila-based Asian Development Bank, in the 18 months of its lifetime, has sought to prove its own stability in an area of economic turmoil. Its funds - partly kept on demand in 44 world banks-- earned interest of $4.5 million in 1967 while a multitude of possible investments were being cautiously evaluated. "We are new boys in this business," says Bank President Takeshi Watanabe, 62, of Japan, "and we must be sure of what we are doing...
Thai Fish. If all goes well, the bank by 1971 will have a capitalization of $1 billion to be lent for struggling projects throughout Asia. The largest contributors, Japan and the U.S., will by then have invested $200 million each...
...addition to the U.S., twelve other nonregional members have pledged a total of $155 million-ranging from $34 million from West Germany to $2,000,000 from Italy. The 19 regional countries in the bank will also invest a total of $615 million, giving them 60% of ADB's shares outstanding...