Word: outflows
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Whitlock said that although he is not planning to recommend that more students be admitted to the College, the current "housing crunch" will continue because there was a "net outflow" of students on leave from 1968 until 1972 but students began returning last year...
...cutting back on outflow to the U.S., Canada hopes to reserve oil for itself when the pipeline is eventually extended to Montreal, a project announced during last winter's Arab oil embargo and originally scheduled for 1976, but currently bogged down in financing. The unstated purpose of last week's action was to pressure multinational oil companies, which have lately been pulling back on exploration because of increasing costs, into pressing ahead on development of the vast tar-sands deposits. At least one major company was not moved; a spokesman for Mobil said that the Canadian action...
...raise the funds to meet clamorous loan demand from business, and spotlights the plight of the thrift institutions in competing with commercial banks for savings in a tight market. Last week the National Association of Mutual Savings Banks reported that its members suffered a net savings outflow of $350 million in June...
...Savings Outflow. In consequence, says Economist Alan Greenspan, "we are in for a massive hemorrhaging of [funds from] the thrift institutions," as depositors shift their money into higher-yielding investments. This process is known as "disintermediation," and there are some signs that it already has begun. The U.S. Savings and Loan League estimates that in April S and Ls suffered a savings outflow of $350 million, v. a net inflow of $831 million in April 1973. Ultimately, the process could bring home construction to a virtual standstill by drying up mortgage money, and could threaten the solvency of the thrift...
Prodi says he is convinced that with a "clear economic policy," thus far prevented by tenuous coalitions, the government can solve mounting problems of capital outflow and 15 per cent annual inflation...