Word: resorting
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...with protectionism. Moreover, economic expansion around the world is so sluggish at the moment that few countries besides the U.S. are showing much demand for imports. Observes David Hale, chief economist for Kemper Financial Services: "The U.S. has been playing the role of global borrower and spender of last resort because of a sharp slowdown in the growth rates of other countries...
Inside the meeting hall at the seaside resort of Blackpool, the feeling of jubilation was palpable. Prime Minister Margaret Thatcher and 4,000 representatives of her Conservative Party had gathered for the first annual party conference since rolling to victory at the polls last June for the third successive time. Declared Thatcher: "We now have a new Britain: confident, optimistic, sure of its economic strength...
...reactors include Gov. Michael S. Dukakis, whose state includes several communities within Seabrook's 10-mile emergency planning zone, and New York Gov. Mario Cuomo. Both have withheld the requisite guarantees of emergency assistance on ground that no evacuation plan could adequately protect the public in the congested resort areas...
Expert chefs predict that Pavloff may well walk away with the grand prize of a week's vacation for two at a resort in Corsica. "His recipe can win in the finals," says Daniel Hubert, the executive chef at the Hotel Sofitel, the site of the national competition. "The way he made it is the way they enjoy it in France...
Supporters led by committee Chairman Walter B. Jones (D-N.C.) and Rep. Robert W. Davis (R-Mich.), the ranking GOP member, argued that the fee was the only way to meet the budget target and not resort to a Coast Guard user fee for domestic vessels, an approach favored by the administration but traditionally opposed by the committee and the boating community...