Word: outflows
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Dates: during 1960-1969
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...talk some reason into De Gaulle. At present, France is losing funds at such a drastic rate-$300 million to $400 million a week-that its net reserves of some $5 billion in gold and currency will be imperiled within a few months unless the huge outflow of francs is somehow checked...
While years of balance of payments deficits have weakened the dollar and forced the U.S. to curb the outflow of its money to foreign countries, the rising strength of the Deutsche mark has impelled West Germany to take an opposite course. To offset their embarrassingly big trade surplus ($4.2 billion last year), the Germans have started exporting large quantities of investment capital to the rest of the world. Last year that flow of money reached $900 million, and this year it is expected to grow even further, to $1.5 billion. Reinforcing the trend, Germany's aggressive Dresdner Bank...
...rheumatic fever beginning 15 years ago. A donor heart became available after Kathleen Martin, 15, shot herself in the head during a quarrel with her 18-year-old husband. By extraordinary coincidence, Dr. Cooley had operated on her in 1962 because a narrowing of her aorta was restricting the outflow from her heart, which was becoming enlarged to meet its extra work load...
...SDRs will be used to settle accounts between nations, which need growing reserves to sustain the growth of world trade. Without SDRs, most governments believe, trade would stagnate because newly mined gold is going into hoarding and industrial use while the U.S. and Britain are striving to limit their outflow of dollars and pounds...
...rush." Enticed by the 6.45% return on a Government-backed security with interest payments every six months, salesmen and secretaries, doctors and housewives overwhelmed traders with buying orders. One result was an unexpected drain on savings banks, one of the major sources of mortgage money. If it continues, the outflow could lead to another shortage of home loans-the very kind of shortage FNMA was created to help prevent...