Word: discounted
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Dates: during 1970-1979
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West German police tend to discount the theory of a connection between the Schleyer and Moro cases, though they do not rule out the possibility that the two terrorist groups may have ties. Italian investigators think there is more to it than that. Following the return of two investigating magistrates who cross-checked their evidence in West Germany, Italian authorities now believe that the accumulated clues indicate the direct participation or at least the active support of German organizations in the Moro affair. The Italians are working on the hypothesis, moreover, that the ten-to twelve-man hit team that...
...Raise interest rates to make dollar investments more attractive. The Federal Reserve moved last week, letting the Fed funds rate (at which banks lend to one another) rise from 7⅞% to 8%, and increasing the discount rate (at which member banks borrow from the Fed) from 7¼% to 7¾%. The U.S. could also try to borrow back some of the tens of billions of dollars now held by nervous foreign investors by offering them Treasury bonds paying compellingly high interest. The danger: interest rates high enough to induce investors to give back dollars might also be high...
Family sources discount rumors that the Greek government will nationalize the Onassis holdings to forestall a Soviet takeover, but they are nonetheless worried about what the Russians might do. "They are sure that one day the romance will be over, and what then?" says a family friend. "Will the Soviets brainwash Christina or somehow confiscate her property? They are afraid the Soviets will swallow...
Some airlines offer as many as 90 fares and discount packages, and no one knows how many are in effect on all the lines. In general, however, the international cut-rate fares fall into two price categories. The first is budget, which requires buying a ticket three weeks in advance and checking with the airline a week in advance to find out the departure day. The price: $299 round trip New York-London, vs. $764 for regular economy class. Or, for the same price, the passenger can buy a ticket on the day of departure and "stand by," hoping...
...praising the enterprise that she and her husband run in Houston: a flea market, that most elementary form of commerce. All across the U.S., inflation-weary Americans searching for lower-priced goods are making flea markets a jumping business. Thousands are operating in non-luxe hotels and discount stores, at race tracks and drive-in theaters. Some are in cities, patterned after the grandfather of flea markets, the Marché aux Puces in Paris, and the ancient bazaars of Cairo, Baghdad and Tehran. Many, many more are sprouting on what were once dusty, barren plots along highways a few miles...