Word: yen
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...overseas competitors. But early last year the dollar bailed out, with a slight push from anxious international moneymen. At first the decline was a gentle drift, but it is now showing signs of becoming a free fall. Since December the dollar has dropped by 19% against the Japanese yen and 8% against the West German mark. It dipped last week below 180 yen for the first time since October 1978, when the American currency seemed so feeble that President Carter announced a dramatic rescue plan. Economists now wonder whether the current decline will end in a soft landing...
...four other industrial powers--Japan, France, Great Britain and West Germany--launched a successful effort to push down the dollar. It has declined by about 12% since then, first at a gradual pace and now at a fast clip. Last week the dollar plunged to 181 yen, a seven-year low against that currency, and to 2.34 West German marks, a level not seen since...
After a night of frenzied dancing, Zhen Zhen came to grief when her boyfriend entered the room while she was taking a bath. Yen Li, who yearned to be an actress, lost her virtue when a wily actor insidiously told her that Ingrid Bergman and Sophia Loren devoted their lives--and their bodies--to art. The pivotal event of Li Na's life occurred when her date tricked her into watching a porn movie. "She was shocked by the movements on the screen, and she felt warm and suffocated. As she was about to unbutton her collar to breathe...
...have a bad case of "Dance Fever" and house parties haven't satiated your yen to gyrate, the Currier House Dance Marathon can promise you a 12-hour cure today...
...Shawna Yen, Canaday/Union Dorms...