Word: payments
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Dates: during 1970-1979
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...Versailles meeting of the heads of 100 multinational corporations that "the era of massive dollar purchases by European central banks is over." Instead, major nations have started imposing capital controls that amount to the posting of a huge DOLLARS KEEP OUT sign. Some examples: The Netherlands government has banned payment of interest on foreign dollar deposits in Dutch banks; Japan forbids manufacturers to accept large advance dollar payments for exports without specific permission from the Finance Ministry. A further spread of such controls could lead to serious blockages of international trade, lending and investment...
...certain cut-off point (currently, $6000 a year for a single student). In practical terms, the scholarships are part of the real income which teaching fellows have received for the real work they do. The teaching fellows have a right to expect that they will continue to receive this payment for their services in the future...
Five months ago, Norine O'Callaghan and her husband John, a milkman, made the last payment on their 18-year, $25,000 house mortgage. It was not, however, a cause for rejoicing. In recent years the O'Callaghans' neighborhood, a former Irish Catholic enclave on Chicago's South Side, has been in a state of flux due to the incursion of black homeowners. Rather than pull up stakes, the O'Callaghans chose to stay on, and are now one of the last white families on their side of the street. For Norine O'Callaghan...
...alimony obligations can wind up in jail. While support of children is legally the joint obligation of both parents, the financial part of that duty usually is put upon men after a divorce. (One study of ex-husbands in Wisconsin, however, found that fewer than 40% were making full payment a year after the divorce.) In 42 states there is no longer any specified legal preference on child custody, though judges tend to favor the mother, particularly for young children...
...ambiguities in the law's view of family life become even more ambiguous when the law involves the payment of Government funds. About 62% of welfare recipients are women heads of household and their dependent children. Some politicians have enjoyed scolding these helpless people as shiftless idlers, but despite the law's gesture of protectiveness, a woman alone raising children is scarcely loafing. Nor can she do much better by trying to find work, if work exists. One recent study showed that a mother of three, after training for one category of available Government jobs, would gross only...