Word: chronical
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Dates: during 1970-1979
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...less antagonistic, and even France agreed to study recent growth patterns to determine whether Britain is being overcharged. Nonetheless, there was considerable resentment on the part of the ministers that at a tune when the Community as a whole is faced with unprecedented economic problems including record inflation and chronic payments imbalances, it should become bogged down in what they see primarily as Harold Wilson's domestic political problem...
This adds up to one of the thorniest problems that the EEC now faces: chronic payments deficits among all EEC nations, including even those like France whose exports are increasing, but excluding West Germany, which is running consistent surpluses even while its Deutsche Mark rises in value. Compromise will be necessary on both sides...
Even where there is no will, there is a way. There is a difference, of course, between chronic procrastination and purposeful postponement, particularly in the higher echelons of business. Corporate dynamics encourage the caution that breeds delay, says Richard Manderbach, Bank of America group vice president. He notes that speedy action can be embarrassing or extremely costly. The data explosion fortifies those seeking excuses for inaction-another report to be read, another authority to be consulted. "There is always," says Manderbach, "a delicate edge between having enough information and too much...
Ever since the Weimar Republic, with its short-lived Cabinets and chronic crises, collapsed in the face of Nazism, Germans have worried about their ability to build a stable, democratic political system. The latest political crisis to confront the Federal Republic should do much to allay those fears. Less than two weeks after Willy Brandt stunned his countrymen by suddenly resigning as Chancellor, a new government was functioning smoothly in Bonn. Last Thursday, in the modern and austere Bundestag chambers, Social Democrat Helmut Schmidt, 55, took the oath as West Germany's fifth Chancellor...
Since China's leadership holds some sort of record in the annals of gerontocracy, Chou might as well have said, "I am not very well-but not because I am sick." At 76 he is four years younger than Mao. He is known to suffer from chronic neuralgia and rheumatism, perhaps high blood pressure as well, but none of these ailments is considered serious enough to explain his partial eclipse. As though underscoring the political rather than the medical nature of Chou's troubles, one of his aides remarked cryptically, "He is neither...