Word: poundingly
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...crisis continued to reverberate in half a dozen capitals, The West Germans had defended the Deutsche Mark against the combined efforts of France, Britain and the U.S. to bring about the mark's upward revaluation, a move that would have relieved the pressure on the ailing franc and pound. In the process, the Germans displayed an independence-and a political muscle-unknown in the years since their defeat in 1945. Other Europeans found that display disturbing. As West German Vice Chancellor and Foreign Minister Willy Brandt lamented: "Old, not to say atavistic instincts of distrust were awakened in Europe...
...barriers on steel, textiles, footwear and dozens of other products. The temptation to erect trade barriers is seductive. For somehow, the U.S. must end or at least substantially reduce its persistent balance of payments deficit; otherwise the dollar may face the same pressures as the franc and the devalued pound...
...present are the mark, the Swiss franc and probably the Italian lira and the Dutch guilder. Many financial experts believe that they should all be scaled slightly upward. The overvalued currencies-generally those that cannot buy as many goods and services at home as abroad-are the dollar, the pound and De Gaulle's franc...
...went on strikes and took breaks as often as the others, we too would have to go out and borrow, the only question being: From whom? If we had so suicidal a trade union system as the British, our mark would be just as tuberculous as the pound. If we had as many unsolved social problems as the French, then we would have as much unrest and -as in May in Paris-a ruinous rebellion...
...They outnumber B.P.'s own chain in Britain (4,900 stations), will bring B.P.'s worldwide total to 36,000 stations. To pay for them, B.P. has worked out a scheme that is fancier than Sinclair's Dino Dollars game. Because of the weakness of the pound, Her Majesty's government would never approve payment of $300 million in sterling. So B.P. plans to pay in dollars over a six-year period beginning in 1972. That is just about when the company's recent Alaskan strikes will presumably begin pouring out oil-and pulling...