Word: offing
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Gasoline ads have generally ignored air pollution, concentrating on better mileage and higher performance for engines. Last week Standard Oil of California began to use pollution control as a promotional tool. It will market a variety of its Chevron gasoline that, it says, will help produce cleaner air. The gas...
On the London market last week, the price of privately traded gold dipped to $34.80 per ounce for the first time since it was freed to find its own level 22 months ago. The decline, from a high of $43.80 as recently as last March, represented a resounding defeat for...
U.S. officials, far from celebrating their victory, were negotiating an arrangement to prevent the free-market price from dropping below $35. They intended to do so by loosening up the U.S.-inspired boycott against South African gold. Under the boycott, central banks had bought hardly any South African gold; this...
Secret Meeting. Since the Europeans had made the victory possible by agreeing not to buy South African gold in the first place, the U.S. could hardly refuse their request to ease the boycott. For its part, South Africa was ready to sue for peace. Its 1969 trade deficit reached an...
At a secret meeting last week in Rome, South African Finance Minister Nicolaas Diedrichs and Paul Volcker, U.S. Treasury Under Secretary, framed a compromise. It would permit South Africa to sell a certain amount of new gold to the International Monetary Fund whenever the country's balance of payments...