An International Dollar Market Vital To LBJ
The Eurodollar market, a system of bank deposits and bonds outside the United States, fuels international trade with roughly 15 to 16 billion dollars in circulation. The President's overseas investment curbs threaten the market, risking higher rates and potential currency instability if confidence wanes or investment shifts to the Eurodollar pool, affecting the U.S. balance of payments.
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Grbectsek
Eferts
U.S
United
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Europe
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United States
British Phaseout Ending Queen Victoria's Empire
A London AP report on Harold Wilsons defense cuts tracing the shrinking British empire from Victoria to the 1971 Singapore pullout. It outlines force levels in the 1970s, budget savings of 600 million, and the challenge of absorbing 75,000 servicemen and 80,000 civilans into unemployment rich Britain. It notes continued recruitment amid space and skill transition concerns.
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London
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Rudyard Kipling
Isle of Wight
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Cyprus
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Gibraltar
Harold Wilson
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Singapore
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Navy
Defense Department
Posterity Worth Price in Modern Parenting Quips
A HAL BOYLE column collects overheard parental lines and teen comebacks reflecting modern parenting. The anecdotes show kids accusing parents of overreaching rules and teens fearing loss of privacy while parents fret about bills, costumes, grades, and growing independence.
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Hal Boyle
New York
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By Godfrey Anderson
Associated Press
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Carl McMasters
Rescue Squad
Charles Knowlton
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DEPT
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