Word: stepping
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Dates: during 1970-1979
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...trend toward more managed exchange rates, something of a compromise between fixed and floating rates. World central banks would have to cooperate closely, buying and selling currencies in order to keep the rates within certain ranges. Former Under Secretary of the Treasury Robert V. Roosa says that a first step toward this arrangement would be to set up "reasonable ranges of value for the three key currencies - the dollar, mark and yen." Other currencies would quickly fall into line behind the big three. The IMF could monitor national economic activity and recommend when currency values should be increased or decreased...
...fiery chairwoman of the 7 million-member Kabataang Barangay (Youth Council) held her audience spellbound as she denounced the U.S. "Step up the drumbeat!" she exhorted her youthful followers at the council's convention in Laguna province this month. Calling for total war against foreign intervention, she demanded the dismantling of the huge U.S. military bases in the Philippines...
...conference was about as chilly as the city's 50ºF. weather. The Arabs not only wanted to bust the two-year freeze on oil prices with a substantial increase in 1979, they also called for a plan under which oil prices would continue to rise in step with the cost of other raw materials...
...films like this - and Marathon Man a couple of years ago - detach the Nazis from the historical wickedness that their kind committed and that we do well to bear in mind, and make them into faintly risible characters, just a step or two away from Mel Brooks creations. No amount of fancy framing can finally distract us from this unfortunate and diminuating effect...
...owner of the store. For an additional $10, attorneys will write routine letters or make simple phone calls for customers. Sold also are a variety of "packages," telephone advice and preparation of forms used for simple wills ($30), changes of name ($75) and uncontested divorces ($125). These and step-parent adoptions ($75) are the hottest sale items...