Word: coasters
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Dates: during 1970-1979
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These woes climax an unusual period in which the world's major economies have been moving in concert on a wild roller-coaster course. First, in 1972, all the leading economies swung into a boom at the same time-a boom that, combined with poor harvests and price gouging later by the Organization of Petroleum Exporting Countries, aggravated global inflation. By early 1974, price increases in the OECD nations reached an unsustainable compound annual rate of 16.8%. Then, as one government after another moved to curb inflation by dampening demand, all the key economies rapidly tumbled into recession...
...battle-weary people of Lebanon have been riding a psychological roller coaster for the past six months. Their hopes for peace have soared when it seemed that the factional, sectarian fighting between left-wing Moslems and right-wing Christians might halt; they have plunged when violence again erupted. Last week was typical. As yet another attempt at a truce seemed to be taking hold at the start of the week, some of the sand and cement barricades in Beirut were pulled down. Militiamen from both sides poured out of their strongholds; some embraced and even kissed one another. Banks reopened...
...days, one of the nation's most storied families had oscillated between frustration and faith, resignation and hope. It was the kind of roller-coaster existence all relatives of kidnap victims must endure, but for the Randolph Hearsts, somehow, everything about the ordeal seemed more extreme...
Last week in efforts to smooth out the roller coaster and placate critics. President Ford moved to regulate future U.S.-Russian grain deals. He dispatched a high-level negotiating team to Moscow to try to work out stable, long-term grain purchase agreements; the group is headed by Charles Robinson, Under Secretary of State for Economic Affairs. To allow time for the negotiations, Ford also extended for a month, until Oct. 15, the moratorium imposed last month on additional grain sales by Agriculture Secretary Earl Butz...
...large women walks onto the empty concert stage. Before the audience has had a chance to quiet down, she begins to make strange animal-like noises. Shrieks and grants alternate with sung vowels and machine gun like repetitings of consents as her voice gyrates wildly like a deranged roller-coaster. Her mood and the accompanying facial contortions change every few seconds...