Word: deficits
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Dates: during 1950-1959
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Brazil's President Juscelino Kubitschek found the second major effect of the new coffee policy in the latest Brazilian foreign trade figures. Last year Brazil's balance of payments deficit was $307 million; this year the experts figured the deficit would be closer to $400 million. But the booming coffee sales are bringing unexpected millions, and last week, by conservative reckoning, the 1959 deficit promised to be $200 million or less; Kubitschek & Co. even talk of a surplus. Turned down three months ago when he applied for approval from the International Monetary Fund for a $300 million bailout...
With only the relay to be run the Americans had fought back from a 6-4 deficit to tie the score at seven first places each. Also, in 36 previous Anglo-American contests over a span of 64 years, Oxford and Cambridge had won 17, and the American universities (Harvard, Yale, Princeton, Cornell, Penn, and West Point) had taken 17, with two meets being tied...
...barter economy where 2 Ibs. of hand-picked wild coffee will fetch one fingernail's worth of nail polish. As a result of these feudal economics, 180 million acres of the world's richest farm land lie fallow in Ethiopia, despite periodic famines and a growing trade deficit. Foreign aid at best merely sugarcoats Ethiopia's deep-seated economic woes...
...interest in the organizational part has fallen, renewed and expanded discussion of theological questions has more than made up the deficit. Harvard Protestants have great epistemological concern, and do not hesitate to fire searching inquiries at their ministers--or at themselves...
...bluest chips in the industry, jolted investors by chopping its quarterly dividend from 75^ to 50?, as first-half earnings fell from $22 million to $16 million. Douglas Aircraft, long a darling of Wall Street, landed with a bone-shaking loss of $15,009,920, will probably show a deficit for the year...