Word: ballooned
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Dates: during 1990-1999
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WHAT COULD BE POLITICALLY incendiary about a sweet little Iranian movie that tells the story of a small girl looking for some lost money? Not a thing. Yet Jafar Panahi's The White Balloon has become the victim of an international skirmish over the U.S.'s alleged efforts to destabilize Iran. That country's Ministry of Culture and Islamic Guidance has announced that The White Balloon, submitted as Iran's entry in the foreign-language category of the Oscars, was being withdrawn. In response, the Academy of Motion Picture Arts and Sciences said it would not allow a film...
...result, the budget deficit would no doubt balloon under his flat tax. This would then drive up interest rates since the government would need to borrow more money to finance the deficit and to do this would have to offer higher interest rates to lenders. These higher interest rates would then lower investment, which depends primarily upon the interest rate, and undermine the supply-side effects of the flat tax. The end result, of course, would depend on the size of the deficit, but in all likelihood investment would decrease and economic growth actually fall...
...billion tax cut over seven years. The Clinton Administration has countered with an offer of $130 billion in cuts, while Congressional Democrats and many hard-line deficit hawks say that no cuts should be made until the budget is balanced. House Speaker Newt Gingrich Friday floated a trial balloon on the issue when he said that he would consider a smaller tax cut over a shorter time period. The proposal got a cautiously enthusiastic response from the White House. "The two proposals really suggest that the balanced budget, which looked increasingly unlikely, might not be dead after all," says Tumulty...
...country's Ministry of Culture and Islamic Guidance has tried to withdraw the film from consideration for the best Foreign Language Oscar. In response, the Academy of Motion Picture Arts and Sciences said it would not allow a film to be squeezed out because of politics, and The White Balloon remains eligible. All of this political maneuvering distracts from what is a wonderful movie, says TIME's Richard Corliss. "This sly comedy is wonderfully open to life?s coincidences and consequences; it shows an uncondescending interest in children even as it is alert to their gamin guile. Panahi's film deserves...
...masterly stroke, allowing Microsoft to wrap itself in Java's aura while at the same time puncture Netscape's over-inflated stock balloon. The market reacted strongly. Sun's stock price jumped sharply; Netscape's fell more than...