Word: yieldingness
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One of the principal characters in last week's events remained offstage: British Prime Minister Margaret Thatcher. It is increasingly clear that OPEC will need some cooperation from other oil-producing countries to have any hope of controlling prices. Two of the largest of these competitors, Mexico and Norway...
In the past, American cities have too often resolved similar dilemmas by yielding to profit and "progress." The gain in revenue is canceled out by a loss of urban vitality. Some of the diversity, historic continuity and character of a city is destroyed when old buildings are razed. Character attracts...
The two men were partners in a financial consulting business in 1969 when they observed that it was possible to get 8% or 9% on short-term investments in money-market instruments, whereas consumers were earning only 5% in passbook savings accounts. The hitch was that most people did not...
There is a sharp division of opinion in Washington as to how the U.S. negotiators in Geneva should be instructed to reply. The Pentagon counsels simply saying no and insisting on Reagan's zero-zero plan. Defense officials dismiss Andropov's bid as a mere propaganda ploy. They...
All municipal bonds are exempt from federal taxes. They are especially attractive to residents of the state or city selling them, because then they are usually exempt from state and local taxes as well. For example, a New York City couple with a taxable income of between $45,800 and...