Word: pound
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Dates: during 1960-1969
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Three Reforms. Even so, Western diplomats may find temporary solace in the fact that for some time France will lack the economic strength to speculate against the pound and dollar. Despite its announcement of impending nuclear tests, France must also slow down the development of its force de frappe, whose creation runs directly counter to the present world trend of bringing nuclear weaponry under controls. Charles de Gaulle will now have to pay much more attention to domestic affairs. He has already moved fast in the area of greatest peril, the economic front. Despite France's huge foreign-reserve...
Soul Straight City William Blake Robert Burns Eliot Pound Picasso Matisse DONALD A. BROWN Hyattsville...
...Labor unrest is only one evidence that British complacency has more than survived last fall's devaluation of the pound. Though exports have since climbed by 15%, Britain's promised curb on imports has yet to take effect. May's $206 million trade deficit was just as large as April's. Last week the pound went to a post-devaluation low of $2.3829 on foreign exchange markets. Prime Minister Harold Wilson has so far refused to intervene in the labor disputes, after saying optimistically that "British industry...
...versatile new fabric, which sells for about $5 to $8 per pound (versus $9.30 for silk), will be found initially only in women's fine apparel, but eventually will be used in all types of clothing. For Du Pont, whose sales and profits, after a long lag, have shown an upturn this year, costly Qiana is not expected to mean an overnight boom. It will, however, take the company into a new area-and help offset sagging textile profits caused by overproduction...
...term coined in 1964 by former British Foreign Secretary George Brown to describe international currency speculators who he believed were out to make a killing at the expense of the pound...