Word: payment
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Dates: during 1990-1999
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Above all, the slide of the dollar was symptomatic of a historic decline in its role. The dollar has been the world's major reserve currency since World War II, meaning that other countries use it as a means of payment and hold it in their treasuries as a secure store of value. Such universal respect for the dollar has made it the linchpin of global finance and greatly enhanced American prestige abroad. But with foreign governments steadily dumping dollars to buy yen and deutsche marks over the past decade, the U.S. currency now accounts for only about...
Last month, all major airlines introduced a maximum commission payment of $50 for any round-trip domestic ticket with a base fare in excess of $250, according to an official statement by Delta Airlines...
...that, of course, is no longer at issue. The arrangement approved by the Corporation preserves to Harvard students exactly the some opportunities to participate in ROTC as they now have. The only change is that an alumni group will arrange for the annual payment of $135,000 to MIT that Harvard now makes directly...
...Republican Club's petition will come to nothing, of course, as they surely know. President Rudenstine's report on ROTC revealed that Harvard has long believe it should not have to pay anything to MIT for ROTC, well before that payment became associated with the issue of discrimination. Having finally succeeded in freeing itself from that obligation, with no loss of opportunity for its students, Harvard is hardly going to hand it back for nothing. But regular Crimson readers know that the Republican Club is a troubled organization, and it evidently thinks it needs a catchy issue to reestablish some...
...managed competition. Currently, 90% of all Medicare patients go to ``fee-for-service'' doctors and hospitals. The more they charge, the more Medicare pays. There is no incentive to reduce costs. But costs could be cut if Medicare patients are coaxed into health-maintenance organizations (HMOs), where a single payment provides for all of a patient's needs...