Word: calms
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Dates: during 1970-1979
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...president of the Federal Reserve Bank of New York, to replace newly nominated Treasury Secretary G. William Miller as chairman of the Federal Reserve Board. Volcker, in Carter's words, "has broad economic and financial experience and enjoys an outstanding international reputation." The appointment was expected to calm the anxieties of many foreign financial figures about the future of the dollar (last week, however, the price of gold reached another record high: $307 an ounce...
...style over speed, combining tail dips and pirouettes in a kind of elegant water ballet. In Hawaii, super wind-surfers specialize in "wave jumps": they sail directly into a wave, up the crest and over, becoming airborne for a few seconds as they shoot through the foam into calm water beyond. Indeed, wind-surfers can do anything surfers or sailors can on their vessels, almost. Says Craig Roberton of Clearwater: "This sport has only one flaw. There's no way to hold onto a beer on a sailboat like that...
...week, in an effort to limit the bloodshed of a civil war that has resulted in at least 15,000 deaths so far this year, the U.S. appealed for an end to arms shipments to both sides in the conflict. It remained to be seen whether that call for calm would be honored. Somoza's battered air force was reinforced by several T-28s, which can handle low-level bombing missions against guerrilla forces. U.S. officials in Managua were investigating reports that the planes had been illegally imported from America...
...unusual lengths to pacify critics of the American space venture. He told journalists that if NASA faced the choice of steering Skylab toward either India or America, it would most certainly select the spacecraft's homeland. India's 83-year-old Prime Minister Morarji Desai joined in trying to calm his people's fears. Said he: "Don't get nervous and worried before it happens. It's no use dying before death comes...
...tourist visas. Many of them are living in Florida. An informal meeting of the board of one of Nicaragua's largest corporations was held in Miami. Most say they are only waiting out their country's crisis and plan to return to Nicaragua when the country is calm again and run by a democratic government...