Word: segments
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Dates: during 1960-1969
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MOST of the speculative money that flooded into West Germany last week came from a volatile and increasingly powerful segment of the world's financial apparatus: the Eurodollar market. That market is a curious byproduct of two decades of U.S. balance of payments deficits. Eurodollars are nothing more than U.S. dollars on deposit in private banks abroad. The pool was organized in the late 1950s by London bankers who sensed that if they could marshal the billions of dollars already overseas, they could lend them out at a substantial profit. Business has been brisk ever since...
...over the past three years, and analysts believe that Mao, despite Chou's attempts to protect them, decided that they were dispensable. In general, the Politburo now seems divided into three main groups: the Mao-Lin section (twelve members), which retains control; the People's Liberation Army segment (six members), which mistrusts Lin because he espoused the extremism and instability of the Cultural Revolution; and the so-called Pragmatists, which now encompasses only Chou and Li Hsien-nien. The key factor in the changes is the rise to power of military leaders who do not necessarily favor...
...deeply ashamed of that segment of your student body that alternately hates your God and your country...
...Association's platform reflected this public-persuasion strategy. Instead of dealing with specific proposals like ghetto school improvement, it concentrated on broad tactics. It planned to "gain active participation from as broad a segment of the community as possible," and to "provide mechanisms for citizens and business leaders to work in the best interests of the schools...
Foreign competition is most severe in man-made-fiber textiles, the most rapidly growing segment of the industry since advancing technology gave the world wash-'n'-wear shirts and permanent-press pants. Although synthetics account for 54% of U.S. textile production, imports have swelled from $59.7 million in 1961 to $481 million last year. Cotton-textile imports, once a serious threat to U.S. producers, are regulated by a restraining agreement negotiated with 31 countries in 1961. Today they are of diminishing importance as more and more foreign textile makers switch to synthetics...