Word: nip
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Trade deficits, unbalanced budgets and the threat of inflation are also worrying Europe's smaller nations. Sweden is trying to nip inflation with special taxes, but such measures are not enough. With a 10% gain in wages last year, Swedish workers jammed retail stores and created a huge new demand for imported products. As a result, Sweden ran a $50 million trade deficit last year, twice as much as in 1954. Denmark, on the other hand, held its imports down and boosted exports $70 million last year, thereby cut its $200 million trade gap to $135 million. Yet Denmark...
...Indonesia might worry about the final count in the new recent nip-and-tuck election: the women were far more exercised about "that woman of Solo...
Born in a taxicab in Tennessee, Slowest cab that you ever did see, Warmed up his bottle and he took him a nip - He didn't even leave the driver a tip! Davy, Davy Crewcut, the cat with the coonskin...
Economist Burns served notice that the Eisenhower Administration is ready to curb credit in housing, the stock market or automobiles to nip any speculative boom. Burns also tossed off a veiled hint that the prospect of tax cuts next year depends on a sharp cut in Government spending. Said he: "Balancing the budget is imperative in a time of high prosperity." Signs of high prosperity seemed to be everywhere last week...
...weeks, officials at Manhattan's New York Mercantile Exchange had been watching what looked like shenanigans in the trading of potato futures. Prices of Maine potatoes slated for late May delivery were bouncing up and down, apparently without much regard to actual crop prospects. To nip attempts at price manipulation, the exchange boosted its margin requirements on Maine potato futures from $240 per 450-bag contract to $800 for traders who wanted to speculate in potatoes. But the margin boost did little good. Last fortnight, when delivery time for May potatoes arrived, the Mercantile Exchange found itself...