Word: moving
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Dates: during 1970-1979
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...standstill, real estate prices had fallen, all credit had been stopped. There was a rush to buy foreign exchange. Since September, an estimated $3 billion in bank deposits has been transferred by wealthy Iranians to accounts abroad. Rumors that the government will limit the flow of money?a move that it probably should have taken months ago?only served to spur the panic flight of capital, which last week was said to be running at the rate of $50 million a day. Meanwhile, inflation, already one of the major sources of discontent, is expected to spiral upward another...
...Gulf, the funnel for much of the oil destined for Japan, Europe, Israel and the U.S. Iraq, which got the Shah to stop Iranian support for a rebellion of its Kurdish separatists in 1975, feared the revival of ethnic and tribal tensions in the region. Fearful that a successful move to topple the Shah would unsettle other monarchies in the area, Saudi Arabia's King Khalid called on Arab nations to give the Shah all possible support...
...money supply by raising interest rates to near record levels, but it is still unclear whether the policy is succeeding. Money supply jumped $2.1 billion last week, wiping out more than a third of a big drop registered the week before. That means interest rates will probably have to move even higher than the 10.75% that banks now charge on "prime" loans to their best business customers?possibly above the record 12% rate of 1974. And when money growth finally does slow, bankers increasingly fear a credit crunch in which house buyers, small businesses and other would-be borrowers will...
...believes that corporate moneymen will rush to buy dollars as soon as they become convinced that the U.S will stick to a clear-cut economic policy. In Whitman's view, the Administration's dollar-revival plan consists of one Band-Aid and one magic bullet. The move to big intervention-selling gold, buying dollars-will barely patch a scratch. But the shift to tighter money, she believes, will be the real cure for the dollar's debilities. The trouble is, the early side effects will be bad: higher interest rates, which lead to higher prices...
...asked from Rocky's composer are beyond the call of duty. Just why any young writer should be so cynical in constructing a love story the first time out is hard to fathom. Barra Grant has the dancer (played by Anne Ditchburn of the National Ballet of Canada) move in down the hall from the columnist (Paul Sorvino). There are a number of chance encounters in which she gradually warms to his streetwise but not hardened sensibility, just as he comes to appreciate her strangely withdrawn nature...