Word: almosts
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Dates: during 1970-1979
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...West and other resorts. Part of the come-what-may attitude may have been a result of the complacency that civil defense' officials say has grown in the 14 years since southern Florida's last major hurricane, in 1965. In coastal Dade County, the population has increased almost 55% since then, and an estimated 80% of the 1.7 million residents have never lived through a big storm...
They arrived in Haifa with almost diametrically opposed intentions. Israeli Premier Menachem Begin was preoccupied with bilateral issues that had arisen since the signing of the Egyptian-Israeli peace treaty last March. Egyptian President Anwar Sadat was eager for progress toward a wider peace in the Middle East. After three hours of private talks during Sadat's 48-hour visit, Begin had achieved his objectives. But Sadat's hope of new movement toward solving the Palestinian problem, which he termed "the heart and core of the entire conflict," was unfulfilled...
...also contained a surprising personal admission: America's longstanding deterrent strategy based on all-out nuclear strike capability against Soviet population centers may have been ill-conceived in the first place. It was, he conceded, an overly limited, one-sided strategy "to which I myself contributed." Implicitly, he almost seemed to endorse Charles de Gaulle's skeptical rationale for building the French force de frappe in 1959; that is, in the final analysis, no U.S. President could be relied upon to put American cities on the line for the sake of Europe...
Other factors also contrive to make the market look fairly attractive. The last two bull markets started during recessions, after interest rates fell and investors began to sense recovery ahead. Also, stocks now are cheap. Corporate profits have almost doubled in the past four years, but many blue-chip stocks of big, old companies are selling at mid-1975 prices. The increasing number of corporate takeover bids suggests how undervalued they are. The Dow industrials are selling at 93% of book value, the worth of the assets minus the liabilities and divided by the number of shares outstanding. Thus...
Remarkably, almost half of the 1,000 tons of gold that the IMF and the U.S. Treasury have put on the market in the past five years has been scooped up by one buyer: West Germany's Dresdner Bank. And its drive into gold has been pressed by one man, Hans-Joachim Schreiber, 46, who was appointed to the bank's board of directors five years ago. His faith in the metal dates to his youth in postwar Germany, where, he recalls, "some people owed their survival to the possession of a few ounces of gold...