Word: auguste
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Skeptics, though, believe that the growth spurt will be temporary. They point out that much of the GNP rise in August and September came from brisk car sales, which jumped ahead because of special low-interest loans offered by the auto companies. After those deals expired, car sales dropped 14.6% in October. Overall consumer spending fell .9% that month, the sharpest decline in 25 years. Unless retailers have a big Christmas, GNP growth may falter again in the fourth quarter. COMPANIES Breaking Up Is Harder...
...most recent bombing came from the same used-car lot as the vehicle involved in the Rhein-Main attack. It was purchased for cash one day before the explosion by two men, one of whom had a Moroccan passport and may fit the description of a suspect in the August bombing. The second man mentioned planning to drive to Morocco. Some West German authorities speculated that the RAF was working with terrorists from the Middle East...
...production decisions. His closest economic adviser, Abel Aganbegyan, has called for a reallocation of investments to modernize factories rather than build new ones and to improve the quality of products. But this rechanneling is to be carried out by the central planners. So, as Gorbachev suggested in his August interview with TIME, his program rather contradictorily appears to call for a loosening of state control in some areas and a tightening in others--at the same time...
...known as "the mother of the nation" by black activists. In 1977 the government banished her to Brandfort, a remote settlement in the Orange Free State. Since then she has not been permitted to live in her home in Soweto, outside Johannesburg. Even so, she returned there in August after unidentified arsonists fire bombed her Brandfort residence. Not surprisingly, Mandela blamed the government for that bombing. When police officers arrived last week with new orders that ended the forced exile in Brandfort but still prohibited her from entering Soweto, Mandela refused to accept the official papers or to leave...
...raised protectionist fervor to a level not seen since the Great Depression. More than 200 anti-import bills surfaced in Congress, including measures to keep out shoes and textiles. "The protectionist pot is about to boil over," Senate Majority Leader Robert Dole proclaimed on a trip to Japan in August. "I have never seen stronger congressional sentiment for acting on the trade front...