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Word: pound (lookup in dictionary) (lookup stats)
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...deliberately provoked the dollar's slide; the U.S., rasped the daily Frankfurter Allgemeine Zeitung, was playing "a selfish, risky game that shows little responsibility toward the world economy." In Britain, the Bank of England responded to the dollar's decline by abandoning a policy of keeping the pound at a level of $1.72. Instead, the government pegged sterling's value against the currencies of its 21 biggest consumers and suppliers. Immediately, the pound climbed to $1.7415 and is expected to go as high...

Author: /time Magazine | Title: MONEY: Flare-up at Yawning Gap | 8/8/1977 | See Source »

...into the front of the green despite a restricted swing. He rapped the undulating 30-foot putt into the heart of the cup for a birdie three. Watson meanwhile hit his approach shot pin-high and needed only a tap-in for his monumental victory and the 10,000 pound first prize...

Author: By Robert Sidorsky, | Title: British Open: One Good Tourney... | 7/19/1977 | See Source »

...Callaghan. The vote to demand substantial wage increases was a deep personal humiliation for Jones, who in 1973 had helped draw up the agreement. In a weary voice, he declared that the TGWU action would lead to "a wage scramble, renewed inflation, increased unemployment and new trouble for the pound...

Author: /time Magazine | Title: BRITAIN: The Unions Scuttle the Social Contract | 7/18/1977 | See Source »

...lumped un der the termposhlost. The word, Russian for a kind of middle-class tackiness, applied not only to the shibboleths and dashboard saints of popular culture but also to the works of Sigmund Freud - which he saw as an internal totalitarianism - and to the poetry of Ezra Pound, whom he called "that total fake...

Author: /time Magazine | Title: Books: Vladimir Nabokov: 1899-1977 | 7/18/1977 | See Source »

Pleased with the experiment, the MPs have decided to make their bike patrols permanent. There have been a couple of problems, however. Two-hundred-pound MPs were bending the bikes out of shape, so the base plans to buy half a dozen sturdier models with thicker tires and wider seats. And a number of MPs found at first that they were all too popular: flocks of cycling children rode after them as if the pedaling policemen were Pied Pipers...

Author: /time Magazine | Title: AMERICANA: Pedaling Policemen | 7/11/1977 | See Source »

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