Word: tightness
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Dates: during 1960-1969
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Costa says that he will continue Castello Branco's tight-money program-but not at the expense of development. In the Northeast, the government's regional development agency, called SUDENE, is luring new industry with special tax incentives and is helping build a $37 million potassium-fertilizer factory, a $44 million caustic-soda plant and an $11 million tire plant. Brazil is building the new $25 million, 15-story Panorama Palace Hotel on a Rio hill side overlooking Copacabana Beach; it will be Latin America's largest and lushest hotel. The massive 4,000,000-kw. Urubupunga...
...properly incestuous with his sister and properly encouraging to her suitors. But Romelio is a cynic. He thinks omnipotent dieties don't exist and the aristocracy is a lot of malarkey. The power that operates in the world is a person with money. So he's up tight: if his money disappears, he does too. Cutler's movements onstage didn't convey that anxiety. They had a student looseness that suggested--Every-thing's OK, baby...
...demand tor loans have pushed bank reserves to a four-year high. Bank deposits have increased 20% at an annual rate since the beginning of the year, while loans have dropped by $1.9 billion or 1.4%. Certificates of deposit, which hit a high of $18.6 billion during the tight-money crisis last August, rose even higher last month until they reached $19.1 billion. Last week New York's First National City Bank announced that it was cutting the interest rate on small-sized CDs from 5% to 4¾%. Other banks began limiting the CDs they would accept...
...place of their own archaic language-an agglutinated monstrosity that, according to Basque legend, even the Devil could not learn: in seven years of trying, he mastered only the words for yes (bai) and no (ez). More important, Basques by the hundreds of thousands have come out of their tight green mountain valleys and moved to the cities to become businessmen, industrialists and factory workers...
...wiry, tight-lipped overseer with sparse grey hair and rimless trifocals, McDonnell scoffs at the "one-man myth" about his company. But if his employees are "teammates," he is the coach, and he calls every important play. He is in the middle of every scrimmage. McDonnell refers to himself as "a practicing Scotsman," and in small ways he certainly is. He has been known to spend five hours going over the cost of Xerox copies of company documents. To inhibit gabby long-distance telephone calls, he gave his aides three-minute egg timers. Yet Missouri's largest employer spends lavishly...