Word: chronicic
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...gulf states are particularly vulnerable to charges that they preside over artificial entities with little more than their oil wealth to justify their existence. Few men in the street have mourned the demise of Kuwait's al-Sabah family, a clan noted for its extravagant life- style. Discontent over chronic corruption and inefficiency runs high. Shaky Arab regimes are worried that Saddam could mobilize religious and nationalistic passions, then turn that rage against them...
...alongside that highly industrialized Brazil lives another, desperately poor country where 70% of the 150 million citizens live in poverty. That is the legacy of the chronic overspending that began in the 1970s when military rulers borrowed heavily from Western banks to cope with spiraling petroleum prices and to finance an ambitious industrial expansion scheme. By the time Collor took office, Brazil was saddled with a $115 billion foreign debt. Interest payments to foreign commercial banks were stopped last July. Chaos loomed as the economy zoomed into hyperinflation, with prices rising at a rate of more than 100,000% annually...
With the U.S. economy stagnant and domestic sales hurting, boosting new markets overseas became a simple matter of survival for many U.S. firms. So far, their efforts have paid off handsomely. Exports have zoomed to record levels this year, a trend that has helped narrow the chronic U.S. trade deficit and provide the domestic economy with just enough vitality to avert a recession. "Thank goodness for exports," says Allen Sinai, chief economist with the Boston Co. Economic Advisers. "Without them, the U.S. economy would be dead in the water...
...sale. At Amherst College in the hubbub of the counterculture '60s, Turow became more rebellious still. During his freshman year, he and 22 other students marched against Army recruiters on campus; all promptly lost their student draft deferments. Turow eventually received a 1-Y permanent deferment because of a chronic anemic condition...
...chronic condition that flares up occassionally" kept Kovic from coming to Harvard, according to spokesperson Ellie Dugan. The stress of travel likely would have forced Kovic to be hospitalized upon his arrival in Boston. Dugan added that Kovic's condition is related to injuries he sustained while in Vietnam...