Word: tradings
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Dates: during 1980-1989
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Kohler had claimed in early September that his museum had a legal right to the artifacts, but he withdrew that claim last week. This Friday he telephoned Peabody Museum Assistant Director Rosemary W. Joyce to propose a trade of Fremont Indian artifact collections...
...petroleum imports from Iran in 1986 were valued at around $100 million, he said, and he added, "We expect that number would have declined by 25 percent in 1987, even with no trade controls in place...
...announcement of a record-setting trade deficit triggered the market collapse, that imbalance was only symptomatic of the more general shabbiness of the American economy. Under Reagan, the nation's debt has soared from $794 billion to $1.9 trillion. American capital has been drained paying off the debt, the only budget item in the Reagan Era to increase at a higher rate than military spending. Foreign money fueled the Reagan Boom, and it was foreign money that, understandably, bailed out as soon as the going got tough...
Investors were already poised at the brink of panic, looking for reassurance, when the announcement of a key statistic set them running. The Commerce Department said on Wednesday that the U.S. trade deficit, the closely watched barometer of America's competitive woes, failed to improve as much as investors had hoped: the imbalance between imports and exports fell from the record $16.5 billion in July, but only to $15.7 billion in August. Investors concluded that if a 30% drop in the dollar over the past two years has failed to help cure U.S. trade problems, then perhaps the currency would...
Many said they were concerned that Reagan and the Congress would fail to act decisively to correct the massive federal budget deficit, trade deficit and long-term U.S. debt that many believe are key causes of the market's anxiety...