Word: repaid
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...next best thing to invention is discovery. Americans have given the sporting world the benefit of their inventive genius (baseball, basketball); now they are about to be repaid. They may even get a boot out of it. Professional soccer, the most popular spectator sport in the world, outside of girl watching, is coming to the U.S. in a big way. And if the TV moneybags have guessed right, the likes of Emment Kapengwe and Horst Szymaniak will shortly assume heroic stances alongside Willie Mays and Johnny Unitas...
...British pound, which has been ailing for decades, has begun to show signs of returning health. And its new strength is reflected in reports both at home and abroad. Last week the Federal Reserve Bank of New York announced that the British have entirely repaid more than $625 million borrowed from the U.S. last summer in order to help sterling escape devaluation. In a long-distance diagnosis, the Reserve Bank's Charles A. Coombs, vice president in charge of foreign operations, said that the pound has "moved through crisis to convalescence...
Cairo is catholic in its debts: it owes money to, among others, the Soviet Union, the U.S., Britain, France, Italy, West Germany and Japan. In all, Egypt is in hock for more than $1 billion in long-term debts, more than half of which must be repaid in hard currencies. Just to service his short-term debts of more than $250 million in hard currency, President Gamal Abdel Nasser was recently forced to sell off a third of Egypt's gold, leaving his country with a dangerously low hard-currency reserve of $108 million. Nasser has also been desperately...
Getting man into orbit has already repaid the effort many times. The monitoring devices needed to keep track of astronauts' physical condition have now been adapted for U.S. hospitals, enabling a single nurse to keep track of the condition of many patients perhaps half a mile of corridors away. Today, as a result of space advances, cardiac patients may wear internally implanted electronic pacemakers. Doctors are talking confidently of birth control without pills or intrauterine devices as they experiment with a space-perfected system for monitoring bodily temperature. Refined by aerospace engineers, lasers are finding more and more uses...
...policies carrying borrowing privileges at 4%). Under most state laws, insurance companies are required to provide loans amounting to almost the entire cash value of nonterm policies. The 5% interest on the outstanding principal of the loan is payable after a year. The principal itself need not be repaid, in part or in whole, until the holder dies; then it is deducted from the amount his beneficiaries would otherwise...