Word: mast
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Hans Mast, a University of Zurich lecturer and executive vice president of Crédit Suisse, feared that persistently high interest rates could even abort the incipient European recovery. Warned Mast, who attributed the high rates, at least in part, to lingering worries about a resurgence of inflation in the U.S. and to the Federal Reserve Board's tight-money policy: "The prospects as seen from Switzerland are very chilling indeed. The three major short-term economic problems of our time have not been resolved." The first, in Mast's view, is unemployment, which "could rise to socially...
Siding with Mast was János Fekete, deputy president of the National Bank of Hungary and a guest economist at last week's meeting. Said he: "I'm afraid that one day we will bring some flowers to the grave of the world economy with a note announcing that we won the battle of inflation, but unfortunately the patient died." For the first time since World War II, noted Fekete, the whole world-the Western industrialized countries, the Eastern bloc, the OPEC countries and the Third World-has been simultaneously caught in a slump. Fekete believes that...
...voyage, the worst, he said, came between Sydney and Cape Horn, when he had to go far south to pick up the prevailing westerly wind. For 13 days near 58° south latitude, he never saw the sun and at tunes could not even see the top of his mast. "Everything on board was wet and cold," he recalls, "and it was dangerous when I went to sleep. I couldn't know if I would crash with an iceberg." On two occasions his boat was knocked down flat in the water, and the rudder was badly damaged...
...nightmare of a major default by cash-starved borrowers ranging from Mexico to Poland. And though unemployment is currently at 10.5% of the labor force in Western Europe as a whole, and rising, the specter of inflation is receding. By next December, according to Board Member Hans Mast, a University of Zurich lecturer and executive vice president for Crédit Suisse, inflation should have been driven down from a current level of 8.5% to an annual rate of no more than about 7.5%, the lowest in more than a decade...
...good thing too. Atlantic High will not displace Two Years Before the Mast or Moby Dick from even the most loyal conservative's bookshelf; Buckley's voyage is a piece of cake compared with those undertaken by Richard Henry Dana Jr. or Herman Melville. The storms encountered by the chartered 71-ft. ketch Sealestial are really industrial-strength squalls; the calms are overcome by the expedient of switching on the engine. It is Buckley's crew-as fine a collection of overachievers as ever spliced the main brace-who make the trip a sentimental journey...