Word: bleaker
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Dates: during 1980-1989
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...businesses and consumers: Has Volcker's rescue mission come too late to save the recovery? Growth in the gross national product, after adjustment for inflation, plummeted from an annual rate of 8.6% in the first half of the year to only 1.9% in the July-September quarter. And bleaker news may lie ahead. The Commerce Department announced last week that the index of leading economic indicators, a barometer of future growth, fell .7% in October. It was the index's third decline in the past five months...
...said repeatedly that he hopes to reach an arms-control agreement with the U.S.S.R. in his second term. But if his Administration officially renders a guilty verdict against the U.S.S.R. on the issue of compliance, the prospects for the Shultz-Gromyko meeting and future negotiations and agreements may be bleaker than ever. The Soviets will take the accusations as proof that the U.S. is looking for a pretext to scuttle arms control once and for all, while making the Soviets take the blame. At the same time, Congress and public opinion will be extremely skeptical about the wisdom of continuing...
...heartening to point out that in the long and murky history of the Games things have looked considerably bleaker. For centuries after their founding, write John Kieran and Arthur Daley in The Story of the Olympic Games, the Olympics provided "the great peaceful events of civilization." Yet eventually, as Greece gave way to Rome, "they lost the spirit of the older days. Winners were no longer contented with a simple olive wreath as a prize. They sought gifts and money. [Heartened yet?] The games, instead of being patriotic and religious festivals, became carnivals, routs and circuses." Halted by the Roman...
...that afflict the entire continent: abject poverty, rampant corruption, gross mismanagement, tribal enmity, uncontrolled population growth. If, in spite of its assets, Nigeria cannot break out of the vicious cycle of political instability and economic decline, the prospects for most of the continent's other countries appear all the bleaker (see following story...
Brown admits that his deal with the Government was a retreat from AT&T's longtime resistance to a breakup. "Divestiture was not our idea," he says, "and we think it is wrong from the standpoint of the country's interests." But the alternative seemed bleaker: "Time was not on our side. The Government's determination to restructure the Bell System would have gone on for years, draining our energy and preventing us from planning our own future." Rather than cling to the past, Brown was eager to get on with the "exciting" task of building...