Word: val
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...continuing shock over U.S. policy and confusion over the future of money have aggravated the slowdown and wiped out hopes for a recovery by year's end. French Finance Minister Valéry Giscard d'Estaing, whose country is certainly not the worst hit, last week noted the dimmed prospects for the world economy: "The period of rapid economic growth," he said, "is past history...
...there been a monetary meeting like the one convening in Washington this week. John Connally, the tough but still charming Texan, will be there as the chief attraction, if one can put it that way. So will assorted treasury chiefs, finance ministers and central bankers-France's Valéry Giscard d'Estaing, Germany's Karl Schiller, Italy's Guido Carli. Like their predecessors at Bretton Woods, these men face the necessity of crafting a new system to finance global trade, tourism and investment. They surely will not finish that herculean job by the time...
...European ministers minced no words in blaming the U.S. for their di lemma. Said French Finance Minister Valéry Giscard d'Estaing: "Europe is having to pay for the U.S. policy of growth and full employment." Schiller was even more direct: "The U.S. deficit of payments can no longer be tolerated with benign neglect...
Kathy Day and Terry Steiner sailed past Sabine Devissman and Marie Mulvaney at first doubles, with a 6-0, 6-2 winning match against Denny Daych and Val Jacques...
...mile run. In the first downhill race of the 14-week World Cup series, Henri Duvillard won by well over a second. At Berchtesgaden, Germany, Jean-Noel Augert swept the slalom by a margin of nearly 2½ sec. And in the giant slalom at Val-d'Isère France, Patrick Russel nipped Augert by six-tenths of a second while trouncing Italy's lone hope, Gustavo Thoeni, by more than two seconds...