Word: broking
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Dates: during 1970-1979
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...second factor rather suddenly broke upon all of us: namely, the oil price explosion and the insight that energy would become rather scarce much more quickly than anybody had foreseen. It misled a number of governments to seek refuge-because they had to pay high energy prices-in printing even more money and creating even more inflation. This led to an upheaval in the fabric of the world economic system. I would prefer not to call it a system any longer. It is more a constellation than a system. At least it is a very unsystematic system...
...more pressing matters. Hassan Nazih, head of the National Iranian Oil Co., decried the regime's tendency to "put all political, economic and judicial problems into an Islamic mold." In the port city of Khorramshahr and in Abadan, site of the world's biggest oil refinery, fighting broke out between ethnic Arabs, who want more autonomy from Tehran, and Ayatullah Ruhollah Khomeini's armed forces; at least 25 people were killed in running gun battles. Because he suffered from exhaustion, the state radio announced, Khomeini would take a week's vacation, his second week of rest...
...Warsaw aboard an open, bus-type van, hundreds of thousands of Poles cheered and threw bright flowers in his path. One youth was applauded when he held up a placard: NATION WITH THE CHURCH AND CHURCH WITH THE NATION. At the historic St. John's Cathedral, the congregation broke through ropes and mobbed the Pontiff. The day's climax was an open-air Mass for up to 500,000 people at downtown Victory Square. When John Paul declared, "Without Christ it is impossible to understand the history of Poland," the crowd burst into applause that lasted fully...
...once Secretariat broke the spell in 1973, there followed in quick succession a parade of superhorses. Seattle Slew won the title in 1977, Affirmed last year, and this year Spectacular Bid is the favorite to capture the Belmont Stakes on Saturday and, with it, the coveted Triple Crown. The new question: Why are there suddenly so many champions...
While some students avoided Nestles products in the dining halls, others skirted an even greater ill: salmonella. A widespread outbreak of the food poisoning disease broke out, reaching epidemic proportions by mid-month. Officials banned interhouse dining and imposed other restrictions which they relaxed later in the month as the contagion died down...