Word: outflows
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...event, neither reason applies to the students under indictment. Their safety was guaranteed by the Cuban government which was anxious to exploit their trip for propaganda purposes. Also, the Cubans paid the entire cost of the junket. Far from bringing dollars to Castro, the trip involved an outflow of pesos from Cuba. By contrast, newspapermen and others whom the State Department allows to go to Cuba spend money there...
...thoughts. Two of the biggest U.S. wheat dealers dropped out of the Ottawa negotiations at week's end, said they wanted to dicker separately with the Russians. Even enthusiastic supporters of the deal conceded that much more was needed to really solve the farm-surplus and the gold-outflow problems. But a big U.S. wheat sale would have some advantages. Most of all, it would dramatically demonstrate to all the world the sorry economic state of Communism in Russia. The evidence is already visible in Leningrad and other Russian cities, where long queues form in front of bakeries...
...success is stanching the population outflow: from an average of 43,000 a year, the number of emigrants dropped by more than 50% last year, is expected to total only...
...gold outflow may even be farther away than that, because the 1962 payments deficit is worse than it looks. The "income" side of the ledger was artificially fattened when France. Italy and Sweden agreed to pay off ahead of schedule some $664 million in postwar U.S. loans. And "outgo" was probably reduced by several hundred million dollars because some European and Canadian banks refrained in 1962 from their usual year-end "window dressing"-the practice of bolstering cash balances for the annual report by temporarily pulling back money on deposit...
...MONEY: Since credit is abundant in the U.S. and borrowing costs are usually much lower than abroad, many foreign governments and businessmen prefer to get their loans in the U.S. In 1962, foreign borrowing in the U.S. probably totaled nearly $1 billion. Higher U.S. interest rates will discourage this outflow, but also might discourage U.S. economic growth...