Word: swiftly
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...York Stock Exchange, abuzz for the past few years with big consolidations in oil, steel and transportation, the reaction was swift and positive. Investors sensed that a new rush was developing toward stocks of communications companies, portending more big mergers and fast price rises. ABC stock shot up $31, to nearly $106, and issues of some other companies in the field also climbed sharply. At week's end CBS had gained 20 1/4, to 108 3/ 4, and RCA, parent of NBC, had risen 4 7/8, to 42 7/8. Newspaper publishers Gannett and Knight-Ridder were...
...example, a published summary of one Politburo meeting revealed that, among other things, the members of the Soviet Union's supreme decision-making body had considered whether to lower the price of fur collars on winter overcoats. They decided that the Council of Ministers should take swift action. A few days later, a decree cut the prices of the collars...
...ground fighting erupted last week, both sides had broken an agreement, arranged nine months ago by the United Nations, to refrain from hitting civilian targets. Iraq, desperate to break the prevailing stalemate, was first to violate the accord with air raids against Iranian cities and towns. The response was swift: sirens wailed in Baghdad as Iranian jets swooped in, hitting a huge housing development called Saddam City. In the various attacks on civilians, at least 500 people were killed on both sides...
...most pressing problem before the government is the swift rise of the Communist insurgents, who have brought civil war to many regions of the country. Capitalizing on the government's tarnished reputation and the military's widespread corruption, the armed guerrillas now number some 12,000. Over the past nine months, Defense Minister Juan Ponce Enrile has been helping to organize a concerted counterinsurgency campaign. "I am happy the leadership accepted that we had a problem to address," Enrile said last week. Others disagree. Said a staff report prepared last year for the U.S. Senate Committee on Foreign Relations: "There...
...Israeli tank had pulled back from the Awali River bridge on Feb. 16, the Lebanese Army began to move into Sidon. Car horns blared, and Lebanese flags appeared everywhere. The festivities were interrupted when two Israeli Kfir fighters dived low over the city and released clouds of leaflets promising swift retaliation in the event of hostile action against Israel's withdrawing forces. But about the only violence that day occurred when armed men dragged a pajama-clad man, suspected of collaborating with the Israelis, from his house, bundled him into a car trunk and drove off. All told, half...