Word: backwardation
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...quadruple skyjack two weeks ago. Among Arabs, Habash is equally notable for having made ideology a paramount concern among the fedayeen for the first time. Rooted in Marxist dogma strongly tinctured with Maoism, the P.F.L.P. wants not only to attack Israel but also to topple what it considers backward, corrupt and conservative Arab governments. "We do not want peace," Habash told the West German magazine Stern recently. "Peace would be the end of all our hopes. We shall sabotage any peace negotiations in the future." Nor would Habash mind, he said, if the Middle East crisis triggered World...
...must let them know that soon they may find themselves fleeing not only from the police and FBI, but also from students who see this as a step backward in our struggle for necessary changes. GREG FUCHS Storrs, Conn...
...seventh hole, a 385-yd. par four, Stockton chose a wedge for his second shot, lofted a lovely 120-yd. pitch to the green: the ball hit a foot beyond the cup and took a backward hop in for an impossible eagle two. On the ninth hole, another tough par four, he blasted a six-iron approach out of a bunker and through some branches 158 yds. to a green he could not even see; the ball rolled dead two feet from the hole, and he had a birdie three. On the 13th, Stockton's second shot splashed into...
...Backward in virtually every industrial sector except the military, Russia's growth of industrial productivity and rate of return from investments in the past decade have sharply declined. In the race to achieve nuclear parity with the U.S. and to develop anything like an adequate production of consumer goods, the U.S.S.R. has spread its resources too thin. Much of Russia's tremendous natural resources in gas, oil and essential ores remain untapped because they lie in remote areas, which would require vast capital investment and an advanced technology to exploit them...
...that the two countries have often been engaged in a fruitful exchange of ideas and talents. Each country possesses values, riches and skills that the other needs and envies. Whenever Germany has felt confined by its frontiers, it has looked eastward to exercise its talents. Since the 18th century, backward Russia has repeatedly attempted to use Germany as the instrument for catching up with the rest of Europe. In the process, Germany and Russia have alternated between phases of fondest love and deepest hate. Observes the emigre Russian historian Victor Frank: "No other Europeans have been so hated...