Word: payments
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Dates: during 1980-1989
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...Prime Minister [for the first time] our foreign exchange was at rock bottom. It was during my time that we built it up. So we were forced to buy arms even if they were more expensive, if we could pay in rupees. [During the 1950s, the U.S. would accept payment for weapons only in hard currency...
...gain coming in the past three months. Last January, silver was selling for $6.25 per oz., and anyone astute or lucky enough to have bought a typical 5,000-oz. contract for a twelve-month future delivery would have made a killing. For a $2,000 margin payment to his broker, the canny investor today would hold the rights to $127,500 worth of silver, a profit of some 6000% on his investment. What is more, people who hold commodities futures contracts for more than six months have their profits treated as capital gains, taxable at a maximum...