Word: compounding
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...particularly in Ho Chi Minh City (formerly Saigon). Motorcycles and motor scooters still crowd the streets, and there are such remaining signs of "bourgeois decadence" as beauty parlors and blue jeans. But the U.S. embassy building now houses Viet Nam's state petroleum agency; the enormous former U.S. AID compound is headquarters for Saigonese trade-union organizations. The notoriously sinful La Vie en Rose bar has been subdivided into small meeting halls. Night life in general has been thoroughly quelled by the rectitudinous Communists...
Some British Cabinet members last week were hoping that a two-way deal could be pulled off so that British firms could be involved in both the Airbus and one of the U.S. projects. If Britain were to opt for the U.S. deal, in angry Continental eyes that would compound the suspicion that deep down Britain is more interested in maintaining its mid-Atlantic "special relationship" with America than in being a true Common Market partner. Squabbling continued through the week not only about money and planes but also over a common fisheries policy for the E.C.; the British...
...sing the lines "I saw you drift into infinity and come back again" without sounding stupid. In the worst songs of the album-"True Love," "We Better Talk This Over" and "New Pony"-the lyrics fall flat, while the instrumentals and heavy back-up vocals in the choruses compound the injury by making the tunes well-night indistinguishable from a thousand pop-rock songs...
...week's end the new regime was already operating-"in the name of Allah," as its communiques put it-out of temporary headquarters in the government radio station. Afghanistan's customary seat of power, the sprawling Royal Palace compound in the heart of Kabul, was unusable. During the coup, the elegant mansions that had been occupied by Daoud and his advisers since they themselves seized power in 1973 were battered by a ring of rebel tanks supported by rocketing planes. Daoud, his aides, their wives and children, and many members of the 2,000-man palace guard were...
...that one would have cost about $1,000 in 1454 and possibly could be sold for $1 million today. That appreciation corresponds to only 1.3% per year at compound interest over the period, which does not make it sound like a great investment...