Word: quarters
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Dates: during 1970-1979
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...first stops on a tour of Phnom-Penh was Toul Sleng Prison, once a French lycee. Within its quadrangle of three-story concrete buildings in a serene palm-studded quarter of the capital, 20,000 Cambodians were reportedly tortured and killed by Pol Pot's henchmen. The prison has now become a museum, crammed with grim mementos of the fallen regime's barbarity. On display are handcuffs, chains, bamboo cages and iron bars that were applied, red hot, to the genitals of prisoners. On a blackboard are inscribed the jailers' instructions to their victims: " 1. You must...
...probably never served. Sometime after 2 p.m., when radio contact with the aircraft was lost, the three-engine jet rammed into the snow covered side of Mount Erebus and exploded. Nine hours later, search aircraft from the nearby U.S. airbase at McMurdo Sound spotted the wreckage strewn over a quarter-mile area of the steep slope at 2,500 ft. Despite blizzard conditions, three New Zealand mountaineers managed to land at the scene by helicopter; they confirmed that there were no survivors at the site that rescue volunteers later described as "a hellhole...
...Carter Administration imposed minimum or "trigger" prices for imports based on a complex formula. Imports have fallen off to 14% in this year's first nine months, and the trigger price was reduced 1% to $347.55 a ton for the third quarter. But with the yen weakening almost 23% against the dollar this year, the Japanese are becoming even more competitive. So American steel men are again unhappy and want the trigger price to be raised considerably. Steel men believe Government pricing decisions -from the Kennedy jawboning and the Nixon controls to the Carter guidelines -have been responsible...
...Consumer Price Index continues to steamroll along at 12.7%, but the prime rate, which banks charge their preferred customers, has come down a quarter of a point from its height of 15¾%. There is a feeling on Wall Street that rates have peaked. This has energized the Dow Jones stock market average, which rose eleven points last week, to close at 822, its best performance since the Volcker rally turned into the Volcker rout after...
...rung up a sprightly 13.7% increase in retail sales so far this year, and even laggard Sears, Roebuck reported a 3.7% monthly rise in November, its biggest gain in more than a year. So where is the recession? Like a mugger, it could be lurking around the next quarter if it has not already pounced. Real personal earnings are down nearly 5% from last year, and there are signs that consumer spending is still powered largely by the inflationary psychology of buy now or pay more later. Even as they report their sales increases, retailers are noting that customers...