Word: foreshadowing
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Dates: during 1970-1979
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...beginning to look more clement. Since the end of April, an index of prices for industrial raw materials compiled by London's influential weekly, the Economist, has dropped 32%; metals plunged 43%. Because of numerous other inflationary pressures, such as interest rates and wages, the drop does not foreshadow a fall in the prices of cars or refrigerators -though Manhattan's Tiffany...
...companies coughed up the first $39 million due under Manley's plan to multiply eightfold the taxes and royalties on bauxite mined out of the Jamaican earth. The payments presage substantial price increases in the U.S. on aluminum products ranging from lawn chairs to beer cans-and foreshadow difficulties industrialists may encounter from now on in dealing with poor countries that possess vital raw materials...
...wheat worth some $30 million at current world prices. The order hardly compares with the 400 million bushels bought so far this year by the Soviet Union. Still, the Far Eastern sale marks an end to China's heavy reliance on Canada for Western wheat and could well foreshadow much larger agricultural deals...
Piece of Paper. In the U.S., where the ownership of gold (except in jewelry, dental fillings and a few other nonmonetary forms) has been illegal since 1933, Winnipeg's plans may foreshadow a new tiff between the Treasury and investors. Some investors claim that the technicalities of futures trading make that particular form of gold dealing perfectly legal. After all, most speculators in futures dispose of the commodity without ever taking delivery. The holder of a gold futures contract would merely keep, and eventually sell, a piece of paper-in much the same manner that investors in gold-mining...
...President in office always bowed to reason and refused to raise the conflict to a new and dangerous level. Nixon's desperate step proves the bankruptcy of his Vietnamization policy. We rejoice in the failure of his evil plans, but we tremble at the prospects that his mad actions foreshadow...