Word: mast
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...torrid inflation will cool only slightly. To rein in rising prices, governments have resorted to traditional tactics, in particular sharply slowing the growth of their money supplies. The result is, however, an international war of high interest rates that threatens to deepen and prolong the economic malaise. Says Hans Mast, executive vice president of Switzerland's Credit Suisse: "There is no mistaking that the world is moving into perhaps its most difficult phase since World War II, and governments cannot do very much about it. After three decades of Keynesianism, old instruments of policy do not work any more...
...either Britain, France, Sweden or Australia; the foreign trials began last week off Newport. But from the outset Courageous has been buffeted by ill winds. In one race, the hydraulic device that controls the boom failed. Then the boom itself cracked, and a day later the yacht lost her mast when an inexpensive piece of equipment let go high in the rigging. To make matters worse, the New York Yacht Club selection committee "excused" Turner, 41, from the last racing season for the "serious indiscretion" of letting an Australian team member join his crew...
...years later, I'm tired of the lies and deception in this same nation. Since the flag is a symbol of this country's greatness, I would never burn it or step on it, and after reading "Rediscovering America" I may even raise it again-to half-mast...
...concerned about the $366 billion debt built up by the Third World countries, and OPEC members are growing leery of leaving their money in Western banks because of the U.S. Government's seizure last year of Iran's deposits in American banks. Said Switzerland's Hans Mast: "Private banks did an excellent job of recycling in the past, but they cannot go on like this. In 1981 and 1982 there will be increasing difficulties in financing the debt of the less developed countries...
...craft's appeal is obvious. Windsurf boards cost considerably less and are more portable and easier to maintain than most sailboats. They are as safe as surfboards: since the foam-filled board stops dead and floats when a sailor drops his mast in the water, the Coast Guard has exempted the craft from its usual life-vest requirement. Many lifeguards, in fact, are using the boards as lifesaving and rescue crafts...