Word: abandonments
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Dates: during 1970-1979
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...that an investment today of $1-or $1 billion-will pay off in the future. In a highly inflationary economy, managers have no sound means of estimating the real cost of a long-term project, no way of knowing whether profits will cover that cost. So they delay or abandon investment projects that seem marginal or chancy. Instead, they put the company money into a smaller number of investments that seem to be sure winners-or into buying out existing companies rather than opening new branches...
...predictions as high as $15 billion had been published. The President's approximations were apparently based solely on the basic commitments he had made to carry out the treaty terms. They include paying part of the cost of moving military equipment from two major airbases that Israel must abandon in the Sinai and establishing similar bases within Israel in the Negev desert. A U.S. survey team estimated the cost at $1 billion, and Israel has predicted that $3 billion more would be required to make the new bases operational...
Scotland may get its Assembly anyway. Callaghan has the option of pulling a Parliamentary maneuver to try and scrap the 40 per cent stipulation and establish the Assembly on the basis of the 52 per cent of the turnout which supported the plan. The SNP has threatened to abandon Callaghan and call for a vote of no confidence in Parliament. Without the support of the SNP, Callaghan would almost certainly have to call new elections which, given the current state of the economy, could be disastrous...
Shah did not come from God," he argued, "but from the people, and the people have taken it back." He warned that the military faced "the revenge of God" if it did not abandon Bakhtiar's government...
...these characters are woven into a plot that courts coincidence and irony with Dickensian abandon...