Word: pinches
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Dates: during 1970-1979
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...said foundations have "felt the pinch of the tight economy and spread out their payments in reduced amounts...
...Harvard College Fund, feeling the pinch of the weak economy, is also in for a change in tactics. The Fund, which supplies the Faculty with 10 per cent of its unrestricted income, failed to break its $5 million goal established for 1974-75, although it did top last year's total...
...produced stable bacteria with a healthy appetite for oil. The new microbe, to which Chakrabarty gives the jawbreaking description "multi-plasmid hydrocarbon-degrading pseudomonas," can digest about two-thirds of the hydrocarbons involved in an oil spill. The new microbes have been tested only in the laboratory, where a pinch of microbes will eat an eyedropper of oil in a matter of days. This may seem slow, but it is between ten and 100 times faster than the four other strains of oil-eating microbes can work...
...most the Government has had to pay for short-term money since January. Recently the Treasury was forced to pay more than 8.5% on four-year notes, or barely .5 percentage points under the mid-1974 peak of 9%. Private borrowers, too, are beginning to feel a money pinch. Having settled down to a two-year low of 7% in early June, the prime rate charged for credit-worthy corporate customers has inched back up to 7¾% at most commercial banks...
...year's end." Meanwhile, Chase Econometrics, a subsidiary of the Chase Manhattan Bank, believes short-term rates could go another one to 1¼ percentage points higher. If the cost of money does indeed reach that level, it could dampen consumer and corporate spending, pinch off the fragile turn-around in housing and-at the very least-slow the economic recovery...