Word: sunk
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...American dollar has been declining irregularly on world money markets for the past five years, but never in the postwar period has its value against major European currencies sunk so low for so long. Since last September, the greenback has fallen roughly 13% against the Belgian franc, Dutch guilder and West German mark, and has lost 20% of its former worth in French and Swiss francs. Last week U.S. currency fell below the level of four francs to the dollar for the first time since 1973-and the consequences of its slump were making some disturbing waves...
...shutdown of operations by three U.S.-Thai mining companies, an Italian construction concern and an American oil firm. Last week a group of bankers in New York to discuss a new Thai oil-drilling venture had their meeting interrupted by the news that U.S. Air Force planes had sunk Cambodian ships. They adjourned to await further news...
...forbidden fruit, were the cause of man's fall from grace, claims Eve in the first segment of The Apple Tree. If this were the case, then we should not be surprised if, after the show's run has ended, we learn that Leverett House Arts Society has sunk to the lower circles of the inferno...
...Sunk...
...Japanese Honda Civic. Those cars are in the forefront of the import surge, along with Fiat, Datsun, Toyota and British Leyland's Marina. Says Honda's U.S. sales manager, Cliff Schmillen: "There seems to have been a change in people's thinking. It has sunk in that energy shortages and high gasoline prices will be with them for the rest of their lifetime." Johnie Leake, a 26-year-old Manhattan Cadillac owner who last week shopped for a Toyota as a second car, explains its sales appeal: "You get good mileage in a foreign...