Word: chartes
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...bonuses for workers. The cruzeiro, which stood at 280 to the dollar when Goulart came in, is now at 825. Some $900 million worth of foreign debts comes due next year, and Goulart's government faces an internal 1963 budget deficit of more than 600 billion cruzeiros (see chart...
Rolling Reconsideration. Since the beginning of this year's third quarter, the economy has shown some peculiar dips that lend support to Stahl's retrenchment thesis (see chart). The industrial production index fell fractionally in October and stayed down in November. Business inventories dipped significantly in August. A number of industries have cut back on employment-most notably the steel industry, which has laid off nearly 73,000 workers since last March...
Meantime, the trade boycott has turned out to be remarkably ineffective. Since it began, South African exports have risen considerably (see chart). Of the nations that have proclaimed boycotts, at least four are still doing some business with South Africa; Ghana, one of the leaders of the boycott, has broken down and bought South African mining machinery. Between the continued high level of exports and increased foreign investment, South Africa's foreign exchange reserves have now climbed back up to a healthy $200 million. Oddly enough, much of South Africa's renewed economic health rests on the fact...
...hand. In the female roles, Virginia Martin has gone off to Little Me and Bonnie Scott to have twins, but the new girls-Joy Claussen and Michele Lee-are adequately brassy and ingenuous. But if this is luck, Writer-Director Abe Burrows gives it a hand. He has a chart in his pocket that tells him the exact hour and minute that any given number or scene begins. Deciding to check on, say, the / Believe in You sequence, he pops into the theater at 10:39, and if anything is slipshod. Burrows will be crashing around backstage making a disturbance...
...till next year. Last year the Kennedy Administration trumpeted that it would bring the nation's international payments into balance during 1963. Last week, acknowledging that it had been overoptimistic, the Commerce Department reported that the U.S. overseas deficit widened in this year's third quarter (see chart), would probably wind up at more than $2 billion for the whole year...