Word: squeezees
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When the Federal Reserve Board launched its tight-money policy, it knew that it would cause trouble for the U.S. Treasury. The money squeeze was bound to force the Treasury to boost interest rates on Government bonds. But the Treasury hardly anticipated the extent of the tight-money troubles that...
For more than a year, U.S. airline operators have been flying in a pilot's nightmare: the higher they flew, the closer they came to a crash. Though domestic-airline revenues rose to new records, the drag of faster-rising costs reduced profits to the point where net operating...
At the same time Macmillan set out to put British relations with Egypt back on a businesslike basis. He announced slight easements of Britain's financial squeeze on Egypt and disclosed the two countries soon will begin discussing a dollars-and-cents accounting.
"The conversation is understandably lively, and goes on in knots up and down the table. Here there is a discussion of the foreign policy of Afghanistan, from which unlikely country a Junior Fellow whose field is Indic Philology has just returned. There the question turns to the operational definition of...
Spiraling Costs. Not all companies were spared the profit squeeze. Earnings of Eastern Air Lines, Inc. and National Airlines, Inc. were down, reflecting the spiraling costs that have hit many airlines.