Word: boom
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Dates: during 1970-1979
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...33rd anniversary has also meant a boom year for travel agents, who are besieged with mourners eager to visit the spot where their relatives died. According to one Tokyo agency, 100,000 Japanese have already flown to Luzon in the Philippines this year...
...endless series of wildcat strikes, the U.M.W. has reached the brink of disintegration-just when President Carter's energy policy calls for a two-thirds increase in coal production by 1985. If the election fails to produce peace and competent leadership for the mine workers, the forthcoming coal boom could well bust the union. Companies will either start negotiating contracts at a local, rather than national level, or simply turn to nonunion mines. Non-U.M.W. mines already provide 40% of the nation's coal...
Indonesia, in fact, has become a last frontier of the Pacific. The boom is now a decade old, and Suharto can claim much of the credit for it: shortly after Sukarno's ouster, the government passed laws encouraging foreign investment. Since then, vast sections of a breathtakingly beautiful country have been transformed-though not always in a flattering way. Huge development projects have brought roads, electricity, hospitals and schools to the hinterlands. Nonetheless most of Indonesia remains as it always was: a verdant wilderness populated by agrarian peoples...
...billion worth of projects has been approved since 1967. Yet, with an annual per capita income of only $185, Indonesia's 140 million people rank among the world's poorest. Roughly 6 million people are unemployed. The influx of foreign funds was led by an oil boom that has made Indonesia, with a daily output of 1.7 million bbl., Asia's only main exporter of crude. Corruption and haphazard government policies, however, have slowed further oil exploration to a crawl, and Indonesia may lose its exporting position within a decade...
...Harvard Coop, which has one of the biggest book departments in the East, reports a dramatic boom in Trollope, and stores in Ann Arbor, Mich., home of the University of Michigan, say that they cannot stock enough of his books to satisfy customers. In New York City, Brentano's notes a steady sale; for a heady three-week period in February and March, Trollope was even one of their best sellers. Taking careful account of the market, Berkley paperbacks has brought out a one-volume condensation of the six Palliser novels-with 250,000 copies already in print...