Word: point
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Dates: during 1970-1979
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...this point that Bactria's history becomes a mystery. Not until one Yüeh-Chih ruler united the five tribes circa A.D. 50 to form the Kushan dynasty does the record resume...
Though bankers agree that they are nearing the point where additional loans to LDCs could be an unacceptable risk, relatively well-off countries such as Mexico, with its new-found oil riches, and Brazil will continue to find a welcome. Middle-income states such as South Korea, the Philippines and Taiwan will also find lending officers receptive. But the traditional weaklings, such as Dahomey, Upper Volta, Turkey, Zaire, Egypt and others, will face a real struggle trying to get additional loans. Says one White House economist: "For the weaker LDCS the choice will be either lowering their living standard...
...March the Administration tried to improve the thrifts' earnings by dropping the quarter-point premium that they were required to pay on M.M.C.s. when the Treasury-bill rate was at 9% or above. But this backfired because the commercial banks then moved aggressively to compete for M.M.C. sales, cutting into savings-bank deposits...
...modernize old plants and increase its output of small gas-sipping models. But a Chrysler deal would make little sense for Volkswagen, which has just regained its old momentum after a long period of drift, during which Japanese automakers zipped past it in many major markets. Detroit executives point out that Volkswagen, which is the most firmly established foreign automaker in the U.S., does not need Chrysler's dealer network or antiquated plants. Most of all, VW does not need Chrysler's huge unsold inventory of big autos that could become the albatrosses of the gasless summer...
...four performers, Evalyn Baron, John Driver, Jeffrey Haddow and Roger Neil, play the piano in addition to their other chores. They are fun to be with. At one point, the quartet is upstaged by a duck named Hermione who is put on the piano. A delirious discussion ensues about whether or not the duck will fertilize it. Be that as it may, the evening is well fertilized with laughter...