Word: outflowing
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...convinced that Smith has long since lost sight of Rhodesian reality. Reported one U.S. diplomat who sat in on last week's sessions with Vance: "Smith maintains that everything is just fine, as though it could go on forever, even though his casualty rates, emigration and capital outflow are higher than ever. Our concern is that if Smith stays firm on the internal settlement, it is a recipe for disaster...
...brief civil war had worsened Nicaragua's troubled economic situation. Washington has cut off military aid and late last week the Senate chopped $8 million in economic assistance to Nicaragua from the $9.2 billion aid bill. The war triggered a panicky outflow of capital, at least $30 million, no small sum in a country with a G.N.P. of $2.1 billion...
...currency exchange rates pegged to the dollar, whose value was fixed in gold (at $35 per oz., a price that seems ridiculous today). That system might not have lasted in any case; even in the early 1960s there were worries about American balance of payments deficits and an outflow of gold from the U.S. But Lyndon Johnson put an intolerable strain on the system by fighting a war in Viet Nam without raising taxes early on or cutting domestic spending to pay for it. That policy spurred inflation at home, sucked in imports from abroad, and sent dollars pouring overseas...
...Yenisel River originates in the Tannu Ola Mountains of western Mongolia and runs approximately 2800 miles until reaching its point of outflow into the Arctic Ocean...
These were more excuses than reasons. Behind them remains the fundamental problem: the U.S., by spending more abroad than it earns, is spilling out dollars faster than foreigners can absorb them. The measure of that outflow is the nation's trade balance, and it has been deteriorating. Last week the Commerce Department announced that during January the U.S. imported $2.38 billion more than it exported. That was the biggest monthly deficit since last October and more than 40% larger than the January 1977 figure...