Word: czechoslovak
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...electronics and hard money flowing in; the platzes swarming with backpackers; McDonald's opening a second branch, this one on Wenceslas Square, where the "velvet revolution" transpired in November 1989. The new McDonald's is in sight of the spot where Jan Palach set himself on fire for Czechoslovak freedom in 1969, the spot where Havel laid flowers in 1989 and was arrested for the deed. Now a deadpan sword swallower resembling Leonid Brezhnev draws a crowd of American children, and punkers with spiked Mohawk haircuts wander the medieval lanes...
...Economic Aspects of the Czech-SlovakConflict--by Alex Capek, Institute ofEconomics of the Czechoslovak Academy of Sciences.CES, Cabot Seminar Room, 27 Kirkland St., 4:15p.m...
...hard by the collapse of Comecon, the economic organization of the former Soviet bloc. Exports to Russia and other once communist countries have shriveled faster than new markets can be developed in the West, and imports of Russian oil now have to be paid for in scarce hard currency. Czechoslovak production fell 16% last year; unemployment, officially zero under communism, has risen to 8% and is certain to go higher, bringing some of the same calls heard in Poland for pumping more money into sick state enterprises...
...Robert Maxwell case was stranger than most tabloid tales. The Czechoslovak-born press baron had created an empire financed largely through illusion, yet his holdings included the London Daily Mirror, New York City's Daily News and Macmillan, the U.S. book publisher. In assembling his web of 400 companies, Maxwell piled up debts, apparently without unduly alarming the dozens of banks and other lenders that let him borrow a sum now estimated at $7 billion...
...equivalent of just 85 cents. According to the manager of the state-owned company, the weed is an effective "fertilizer." Thanks to the country's confused postcommunist legal system, it is not against the law just to purchase the "fertilizer." When the product's availability was disclosed in the Czechoslovak weekly Mlady Svet, dozens of Prague teenagers developed a sudden interest in gardening...