Deficit in U.S. balance of payments narrows in 1972 Q4
The government on Wednesday reported that the deficit in the balance of payments narrowed in the last quarter of 1972 and for the year overall. Despite the quarterly improvement, 1972 still ranked among the largest deficits in U.S. history.
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Washington
Deficit Narrows as Commerce Dept Reports Fourth Quarter
The Commerce Department says the official reserve transactions balance fell to 1.4 billion in Q4 from 4.6 billion in Q3. Officials credit calmer markets after the 1972 pound float, though volatility has returned in recent weeks. The Nixon administration had devalued the dollar Monday night amid the broader deficit issue.
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Commerce Department
Faro and AAAI Gate Eee at Age
A fragmented notice references Faro and AAAI in relation to a gate labeled Eee and an age-related context. Readers should expect further details in the surrounding columns.
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Faro
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