Word: south
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Dates: during 1960-1969
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Squeezing South Africa. The falling gold price puts South Africa in a particularly uncomfortable position. South African mines provide 77% of the non-Communist world's gold output, but as part of a 1968 pact, central banks agreed to stop buying the metal. That strategy was intended to force South Africa to sell all its gold on the free market, thus depressing the price. South Africa tried to break the embargo but found only Portugal and some Middle East sheikdoms willing to risk the wrath of the major monetary powers by purchasing newly mined gold...
...three years, flying high on routes that link the U.S. East and West coasts with the Orient. Boston-based Northeast is an odd amalgam of New England regional service, commuter runs to New York and Washington and vacation routes to Florida, Bermuda and the Bahamas. Its services to the South attract heavy traffic in the winter months, and little but heavy expenses the rest of the year...
...South Africa's trade deficit is growing. The country must either sell more surplus gold to pay for imports or reduce them and invite domestic inflation. Some European bankers have been urging the U.S. to relax its opposition to South African gold sales for official reserves. Washington has rebuffed that idea, but last week Paul Volcker, Treasury Under Secretary for Monetary Affairs, suggested that if South African trade deficits grow to worrisome proportions, the country might instead sell some gold to the International Monetary Fund. After all, the IMF's main mission is to promote stability...
...some time. By six o'clock, troops had surrounded the White House, most bank windows had been broken, MPs were stationed at the major hotels to help satirized matrons into limousines, and a pall of gas was spreading haphazardly about the city. The whole affair came off as very South American. So this is what they've been warning us the universities might become, I thought. And then, coming across a book store that had also had its plate glass busted in, I knew I wanted no part of it any longer...
...cooks and two chefs for 450 students), East and Sonth Houses 1:62 (four cooks for 250 students). We have bee working in the kitchens all term, and know that in North Housse a staff of four serves 100 to 500 people (official kitchen count-400 resident diners); in South House a staff of two serves 300-500 orienlal count-325). Thus the women cooks in fact have greater responsibility than the men chefs, and there is no justification for the wage differential-except male chauvinism...