Word: australian
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Dates: during 1980-1989
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...AGREEMENT fails miserably because it is so ambiguous. As a statement issued by the Australian delegation suggests, "In most if not all the important issues, the words are vague, ambiguous and shrink from firm commitments and [consequently the agreement is] little more than a package of words that offer to all of us the license of interpretation...
...United States has already hinted that it will fulfill the Australian prophecy. With the Common Market's refusal to end agricultural price supports, U.S. Secretary of Agriculture John Block has threatened to counter the Europeans' policy. "Something must be done. I'm not going to give you a specific indication of what action we're going to take," Block intimated darkly last Monday. And William Brock, the chief U.S. negotiator at Geneva, told the assembled ministers that the Reagan Administration would have a difficult time checking trade restraints in Congress...
Board Member Peter Drysdale, executive director of the Australia-Japan Research Center at the Australian National University, maintained that with a current inflation rate of only 1.7%, Japan is in a uniquely strong position to adopt a stimulative policy. Said he: "Japan can be seen as a kind of excessively cautious giant at this time, hesitating to expand its economy for fear of rekindling inflation...
AUSTRALIA. This nation is suffering a bout of stagflation. Said Board Member Drysdale: "Policymakers are bewildered if not downright rattled by what is happening." Hefty wage demands by Australian workers have fueled inflation, now running at a rate of more than 11.5%. To trim costs, companies have slashed their payrolls, and unemployment has swelled to 7.8%, the highest level in half a century. To make matters worse, Australia's southern and eastern states are enduring their fiercest drought in 40 years...
Given this, it is surprising how fresh and purely elemental a Western Barbarosa is Director Schepisi (The Chant of Jimmie Blacksmith. The Devil's Playground) is Australian, so instead of being overwhelmed by the burden of a cinematic and cultural past, he strips away the accumulated layers and gets at the core of Western legend. In this respect Barbarosa's strength and vitality recalls the poignant Westerns of another outsider. Sergio Leone, but without their cutting edge of nastiness...