Word: priming
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Dates: during 1970-1979
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Many an athlete, once past his prime, proves unable to hold on to a job or his dignity. Emil Zátopek, 47, Czechoslovakia's four-time Olympic Gold Medal winner for long-distance running, has recently lost one job after another -but not his dignity...
Dropping in on a class in the Eskimo language at Rankin Inlet, Northwest Territories, Canadian Prime Minister Pierre Trudeau learned one phrase -possibly the only one a visitor needs in that bleak settlement. The word is takva oost, and it means goodbye...
...crystal ball. For the past five weeks, the belief that interest rates have passed their peak has lifted share prices and investors' spirits in approximately equal measure. The "baby bank rally," as brokers have dubbed the winter rebound, draws some of its support from cuts in the prime lending rate, from 8½% to 8%, by a handful of small banks. Though executives of most major banks have scoffed at the reductions as premature, last week's mix of economic fact and forecast strengthened Wall Street's conviction that easier money is on the way. One indication...
...Clausen, president of the Bank of America, predicted a one-half of 1% drop in the U.S. prime rate "in the next two or three months." He added that the rate could fall by a full percentage point during 1970, and perhaps more if the economy slows faster than expected...
...first night, the building is looted. With the plumbing gone, the building is no longer habitable. The next night, or soon, the kids on dope slide in. Then the neighborhood's apprentice arsonist pays a visit." Such social disorder is infectious and it is often the prime factor that impels law-abiding ghetto dwellers to flight...