Word: brink
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...entered its fourth week, the words used to describe it came almost entirely from the passionate lexicon of conflict and national pride. And with the accelerating pace of events, the path to a peaceful resolution became increasingly difficult to find, let alone follow. The region seemed poised on the brink of war, a prospect made all the more horrible by fear that chemical weapons might be unleashed not only against troops but also against hundreds of thousands of defenseless civilians...
Saddam's aggression immediately cast the financial markets into turmoil. Some economists believe that even a slight surge in prices could push America's economy, already weakened by sluggish demand, the federal deficit and the S&L crisis, over the brink into recession. Perhaps more important, Saddam's move on the Middle East is an unexpected test of whether nations will pay the necessary price to assure peace and stability in the new global climate. Said a senior State Department official: "You just cannot allow this kind of behavior to go unchecked...
...public is reeling from a savings and loan crisis that the White House predicts will cost taxpayers $500 billion over the next 40 years. While no one expects a run of major bank failures, some experts fear that a U.S. economic downturn could push many overextended lenders toward the brink of collapse...
With Nicaragua on the brink of chaos, Chamorro offered last Wednesday to reopen talks with the unions and Sandinista leaders. By the next morning, agreement was reached and calm restored. Union leaders pointed triumphantly to the long list of concessions. Chamorro's supporters hailed as a victory the army's decision to obey orders and not back the strikers. They cited with particular pride a public pledge of loyalty made by Daniel's brother, General Humberto Ortega, who heads the armed forces...
After 2 1/2 years of the intifadeh they have built a nation but not a state. No matter what happens, they will never be the same. -- Yeltsin's departure could leave Gorbachev in charge of an irrelevant Communist Party. -- Chamorro navigates Nicaragua back from the brink of chaos...