Word: westing
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...message got through to Moscow. By the morning of Dec. 16, we were receiving reliable reports that the Soviets were pressing New Delhi to accept the territorial status quo in the West, including in Kashmir. Later that day, Mrs. Gandhi offered an unconditional cease-fire in the West. There is no doubt in my mind that it was a reluctant decision resulting from Soviet pressure, which in turn grew out of American insistence. The crisis was over. We had avoided the worst-which is sometimes the maximum statesmen can achieve...
...singin' to benefit Washington's Ford's Theater. Just about all of country's constellations were there to shine: Cash, Clark, Fender, Gatlin, Hall, Mandrell, Milsap, Monroe and his Blue Grass Boys, the Oak Ridge Boys, Rabbitt, Rich, the Statler Brothers, Stevens, Tillis and West. Presiding over the show was country's foremost devotee. Jimmy Carter embraced Singer Dolly Parton, with First Lady Rosalynn Carter's approval. They were, after all, huggin' cousins. Parton's home town of Sevierville, Tenn, (pronounced Sev-yer-vul), was "as large and cosmopolitan as Plains...
...madness, as usual, was not over precious metals so much as money-specifically the battered U.S. dollar. Once again greenbacks were being sold off heavily in world markets in exchange for more robust currencies. Struggling to keep the buck from plunging further, which would hurt West German exports, the Bundesbank spent $1.2 billion in deutsche marks to buy up unwanted dollars last week. By happenstance, as the buck was worrying down again, central bankers, finance ministers and some 6,000 other leading moneymen were gathering in Belgrade, Yugoslavia, for the annual meeting of the 138-nation International Monetary Fund. Treasury...
BROADER DOLLAR PROPPING. Until now, in their efforts to keep the dollar from falling too sharply against the muscular mark, the U.S. and West German central banks have confined their buck-bolstering efforts mainly to the New York and Frankfurt markets. Now they have agreed to intervene in all financial centers. Reason: the world money markets have become so sensitive and intertwined that a drop in, say, Hong Kong ripples rapidly throughout the world...
MORE "CARTER BONDS." Since last November the U.S. has sold $4.2 billion of so-called Carter bonds in West Germany in order to raise marks for the dollar defense. Plans have been worked out to issue more such bonds...