Word: spree
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...about 20% of his year's trade-and also serious business to the economy. With the economic recovery now 33 months old, 1963's Christmas sales will be closely watched for signs that the consumer is either stepping up or cutting back on his prolonged spending spree. Partially because the traditional season is 20% shorter this year, and partially because many merchants find it hard to believe that their good luck can continue indefinitely, only 49% of the stores queried last month by the National Retail Merchants Association felt that this year's Christmas sales will exceed...
Still, Liberia has compelling reasons for not wanting to alienate LAMCO. Partly in anticipation of rich revenues from the consortium, President Tubman and his ministers went on a spending and building spree that landed Liberia in bad financial straits last spring. Tubman, 68, had to promise the International Monetary Fund that Liberia would enact fiscal reforms in return for an IMF loan to tide the country over until its profits from LAMCO begin to build up in six or seven years...
That scoring spree in the second half indicated that shooting and passing drills, on which the team spent all of last week's practices, have had their effect on the forwards. Fullbacks Terry Winslow and captain Lou Williams played their usually efficient game, and the halfbacks, particularly Rob Knapp, Lawrie Coburn, and Clapp, performed well in backing up the second half offensive...
Shot Down. Italy's financial men consider cambiali a strong inflationary force, believe that they have helped to bring Italy to the verge of serious economic crisis. Cambiali have already pushed up Italian wages and living costs and have sparked a consumer buying spree that has led many Italian businessmen to forget about exports in order to sell more at home. The result is that Italy's trade deficit has nearly doubled, from $748 million for the first seven months last year to $1.3 billion for the same period this year...
...Objections. The Kremlin's spending spree on wheat, which promised to give an exhilarating boost to the lagging Canadian economy, would have its impact elsewhere as well. Word came from Australia that it would sell Russia another $100 million worth. Moscow was dickering with West Germany for 250,000 tons of flour. Even U.S. wheat growers, stuck with a huge surplus, hoped to get in on the bonanza; the State Department in Washington apparently had no objections...