Word: payments
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Dates: during 1970-1979
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...burden hits hard at every level. Upper-class families in the cities demand steep cash payments from a bride's family in return for a well-educated, well-connected bridegroom. A young man who holds a job in the prestigious Indian administrative service or the Indian foreign service, for example, can command $10,000 or more in dowry payment. Valuable consumer goods such as refrigerators, television sets and automobiles are commonly tossed in as part of the deal...
...January 1978, the present law prohibiting payment of interest on checking accounts would be repealed. A new federal coordinating committee would determine how much interest could be paid...
News of bribery causes no surprise here in Brazil, where "special payment arrangements" are routine in all deals with government departments. In Rome, you must do as the Romans. Your multinationals are right...
...Iran the government announced that it had unexpectedly received $2.1 million from Northrop Corp. Company officials explained that the sum was in payment of a fine for illegally using an Iranian consulting firm to help sell F-5 fighter planes. It was the first known instance of a U.S. company making atonement for improper payments in Iran...
...expensive unemployment. Its maiden voyage had been destined to end in a Norwegian fjord, where it was to join at least 385 other supertankers lying idle round the world, waiting for oil shipments to pick up. Potential mothballing costs: as much as $20,000 a day. The insurance payment would enable Christina to pay off the ship's $42 million mortgage and recoup most of the $10 million her father laid out as a down payment. Given the depressed state of the tanker market, Olympic Bravery would fetch between $20 million and $25 million-if a buyer could...