Word: backwardation
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...Arab governments and private citizens. Kuwait, a nation which earned $2 billion in oil revenues last year and a population of 800,000, may become an Arab capitalist--an exporter of capital to other Arab nations. The capital-rich small oil states are beginning to eye populous but backward Egypt as a potential market for cheap, mass-produced goods...
When a downtrodden and previously feudalistic China emerged from revolution four years later, the communist victors drew ambitious plans to meet the impending task of industrialization and modernization. They would attempt to make a backward agrarian country a peer to the world's scientifically advanced nations and to create for the Chinese people and the world an image of a vanguard for international communist revolution...
...buttons said on and off, forward and backward. I caught on to that fairly fast. I don't think I'm so stupid as to erase what's on a tape...
Some sailplane pilots would sooner see hang-gliding go the way of pigsticking and jousting. Alvin Owens, vice president of San Diego's Decision Science, Inc., bristles at the mere mention of it. "It's a step backward," says Owens. "I think it's extremely unfortunate for people to think about soaring and hang-gliding in the same context. It's like comparing the Soap Box Derby to the Indianapolis 500." The feud is particularly sharp at Torrey Pines, where all hands compete for precious air space in one of the country's best-known...
...movie is furiously paced, and Director Philippe Labro hypes the action by doing a lot of crosscutting. No scene seems to last longer than a minute, and Labro whisks the viewer backward, forward and sideways in time. The result gets a great deal of razzle going but stays short on dazzle. All the momentum established is artificial and constantly stalls out into spurious suspense. There are some nice incidental observations about the eccentricities of the rich-Cordell has his face imprinted on his personal checks and sleeps with a sort of large, mystic stone under his pillow-but watching...