Word: prospecting
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Dates: during 1960-1969
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...Grand Coalition, the campaign accented their deep differences. In fact, during the campaign's final week, a dispute between the two major parties threatened to unsettle not only German financial affairs but the world monetary system as well. Betting on an upset victory by the Socialists and the prospect of a resulting upward revaluation of the mark -which the Socialists favor-speculators flooded West Germany with nearly $600 million in foreign currency in three days. Kiesinger sought to stem the speculation by closing the money exchanges until after the election. Two days before the balloting, Brandt and Kiesinger agreed...
...happening across the Channel: > In Italy, 130,000 workers left Turin's Fiat plant, and thousands more struck the Pirelli rubberworks in Milan, in both cases for higher wages. In the first six months of this year, walkouts cost some 81 million man-hours. Worse is in prospect, for labor contracts affecting half of the country's 7,000,000 industrial workers expire before year's end. >In West Germany, where the booming economy of the Wirtschaftswunder has kept employees content for years, garbage collectors walked out in Munich and Nürnberg last week to demand...
What caused the almost palpable air of excitement and expectation was the fact that for the first time in the postwar era, Germans are facing the prospect of a neck-and-neck race. There is even a chance-if only a slim one-that after 20 years at the helm, the Christian Democrats may wind up in the opposition and that West Germany might be run by a Socialist-led government...
...anywhere near it -in next Sunday's general elections; after all, there are but 30,000 card-carrying members. Von Thadden's goal is far more modest: to poll at least 5% of the national vote, the minimum required for representation in the Bundestag. Even that prospect alarms many Germans, who are concerned about the bad name the N.P.D. is giving their country abroad. Anti-party banners proclaim N.P.D. = ATHLETE'S FOOT OF THE NATION, and ONE ADOLF WAS ALREADY TOO MANY. As Von Thadden likes to quip in his campaign speeches, "People are always telling...
...747s are expected to be flying to cities across the U.S. and in Europe. Some nightmarish tangles could lie ahead. Airports will need billions of dollars in the next few years to improve and enlarge terminal facilities alone, and nobody knows where the funds will come from. The prospect of raising the money has been made even more difficult by congressional proposals to limit the tax-free status of municipal bonds...