Word: backwardation
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...land which has been slumbering since Nebuchadnezzar. Kings, sheiks and shahs have become the new tycoons-some of the world's richest men in some of the world's poorest countries. A civilization of DC-6s, Parker "513" and air-conditioned trailers has descended on proud, backward peoples...
...been getting a measly royalty of 10^ a barrel-and offered him a 50-50 split of profits, before taxes. This year, facing the pleasant prospect of a return of more than $200 million, the Sheik also faces a problem: how to spend it on his tiny, backward kingdom without creating inflation...
Button is the only skater in the world who can execute the leap, which involves taking off on one skate going backward and doing three body revolutions before landing on the same skate, again going backward...
...years since, Methodist McConnell has stayed close enough to earth to become the best-known preacher of the "social gospel" in U.S. Protestantism. In By the Way (Abingdon-Cokesbury; $3.50), a chatty autobiography well furnished with preacher stories, the controversial patriarch of U.S. Methodists, now 80, takes a mellow backward look on his long struggle to give his religion a social conscience as well as a theological...
Aubrey Menen is a half-Irish, half-Hindu satirist who likes nothing better than to undo the mental shoelaces of the English. In The Prevalence of Witches, he spoofed the pukka sahib set in India. In The Backward Bride, he showed a good Sicilian lad in the process of being poisoned by the toxic doctrines of an Oxford freethinker. In his latest novel, Author Menen grafts his wit on another culture, lets his English hero bloom like a quirky Renaissance prince...