Word: 1930s
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Dates: during 1970-1979
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...number of reasons a new downturn might not be as severe as the one that struck in 1973-74. Then, the first round of OPEC price hikes helped kick off a global recession that quickly became the longest and deepest that the U.S., for one, had experienced since the 1930s. Moreover, when the oil price explosion occurred, the industrialized nations were all lined up at the crest of a simultaneous boom. They all skidded into recession together, and many smaller countries slid down with them. Largely to pay their bloated oil bills, the less developed countries (LDCs) borrowed heavily from...
...writer more than the reader. For all his fascination with the theories of Einstein and Freud, with the fragmenting of personality and time, Durrell fortunately remains a devotee of Scheherazade. Livia stands comfortably on its own as a polished romance filled with bright, interesting characters. They gather in the 1930s at Avignon, home of the medieval and mysterious Knights Templars. The air is "full of the scent of lemons and mandarines and honeysuckle" and of something else: dread of the future that Hitler is planning across the border in Germany. Durrell is still prone to overripe passages, but some...
...wish and we trust from the bottom of our hearts that the meeting . . . will contribute toward the further process of détente and toward a reduction of armaments." Carter went directly to the American ambassador's residence, a three-story mansion that was built in the early 1930s for Coal Baron Karl Broda, who fled...
...breakthroughs at Tokyo" but rather should aim for "a set of priorities about what should and should not be done." As Schmidt said last week, even if their accomplishments have sometimes seemed meager, the economic summits have helped the world avoid a repetition of the great Depression of the 1930s "which would have ruined...
...deep, are being studied by both Lockheed and TRW Inc. The idea is to use the warmer water to heat liquid ammonia into gas, which would drive a turbine, and then draw up cold water through long pipes to recool the gas into liquid. Tested as early as the 1930s, the idea has been shown to work, but it has never been very economical. A 10,000-Mw complex, enough for 6.6 million people, would cost $25 billion...