Word: copper
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Dates: during 1980-1989
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...earlier in 1979, has been climbing steadily, in part be cause of a cut in world exports by the Soviet Union, the leading titanium producer, which needs it for domestic consumption. By last week, New York dealers were selling the metal for as much as $25 per Ib. Even copper climbed nearly 10% as speculators pushed it to a record...
...authority to cope with emergency in 1975, when the country lay in ruins, hammered by three blows in succession. First there was the economic chaos that preceded and immediately followed Allende's bloody ouster, then the surge in oil prices, and finally the collapse of the price of copper, which accounted for more than 80% of Chile's exports...
DIED. Peggy Guggenheim, 81, American-born patroness of 20th century art; following a stroke; in Camposampiero, Italy. Seven years after losing her father on the Titanic in 1912, Peggy came into her share of the Guggenheim copper fortune and departed for the bohemia of Paris and London. She flamboyantly dallied with writers and artists: two became her husbands (including Painter Max Ernst), many her lovers (including Playwright Samuel Beckett). Bored and between husbands in 1938, she began to collect art, later and anonymously sponsor young artists, adopting the motto "Buy a painting a day." When the Louvre declared...