Word: yen
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Dates: during 1980-1989
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...most powerful and potentially threatening players in all of international finance. If it chose to do so, SAMA could buy scores of large American corporations and millions of acres of prime U.S. real estate. SAMA'S vast holdings of dollars, German marks and Japanese yen are a worrisome wild card in money markets from New York to Tokyo. Adding to SAMA'S menacing aura is its abiding secrecy. Western moneymen guard the identity of most Saudi investments lest they be blacklisted from SAMA's select roll of middlemen...
...contrast to the previously proposed overhaul of the whole library, Handlin and Yen-Tsai Feng, librarian of Harvard College, continue to plan but with a new way of thinking about renovations: "If money turned up, what would we do first," When an anonymous donation came through, there was no question that a new copper roof should replace the leaky, old one which threatened to damage Widener's priceless collections...
...snake is to an elephant: he doesn't ignore it so much as trample over it. The Deer Hunter was a botch as a story, but it had redeeming social delirium. No such luck with Heaven's Gate. An eye for portentous vistas and a yen for pretentious allegory-just those factors that won The Deer Hunter its raves and Oscars-proved Cimino's undoing when he moved from Viet Nam 1970 to Johnson County...
...than 5.5%. Though Japan has run a trade deficit for the past two years, largely because of oil imports, the nation's balance of payments deficit has been improving. As a result, the yen will no doubt continue to remain one of the world's strongest currencies...
...respects, OPEC is to the dollar what Charles Darwin was to fundamental Christianity; practically overnight a cartel that controlled most of the planet's known oil reserves demonstrated that financial security was not necessarily descended from paper currency. "The store of value," writes Goodman, "had become oil. The yen, the marks, the dollars, the francs were spent; the oil was saved...