Word: short
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Dates: during 1970-1979
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There were several not too subtle allusions that barely stopped short of comparing American policy with Hitler...
...made several strafing passes. I was sufficiently concerned to warn the Soviet Union publicly on Sept. 16 that operating missile-carrying submarines or nuclear weapons from Cuba or servicing them from there would have grave consequences. Since we did not yet have any concrete evidence, I stopped just short of making a direct charge...
Much of the buying was done by speculators who had earlier bet that gold would fall, and now had to run to buy to cover their short positions. At the same time, two events added to doubts that Western policymakers would come to grips effectively with their common economic problems. In Paris the finance ministers and central bankers of the Big Five monetary powers-Germany, Japan, France, Britain and the U.S.-failed to end a potentially damaging interest rate war among them. And the International Monetary Fund issued a gloomy study predicting a worsening economic outlook...
...industrialized world since July, as governments try to curb inflation. But the U.S. has been playing catch-up with European and Japanese rates. At present, U.S. interest levels are no higher than existing U.S. inflation rates; thus there is scant reason for money traders to buy dollar-denominated short-term securities, since they earn nothing. Other currencies are a better buy. For example, even though the West German prime rate of 7.75% is more than five percentage points lower than the U.S. prime, West German inflation is about one-third that of the U.S., so traders sell dollars...
...fickle world of television, where most programs have precariously short lives, the long-running network news shows have proudly been the most resistant to change. But they're changing now, as ABC's World News Tonight - long a poor third - prepares to overtake the NBC Nightly News, while CBS's Evening News continues its reign...