Word: crash
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Dates: during 1980-1989
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...crash thrust Portugal to the brink of political crisis. Sá Carneiro, who left a wife and five children, took office last January as leader of a center-right majority coalition (134 of 250 seats) composed of his own Social Democrats along with rightist Christian Democrats and monarchists. Determined to strengthen his power to amend Portugal's Marxist constitution by electing a more like-minded President, Sá Carneiro opposed respected centrist President António Ramalho Eanes in this week's elections. His candidate, General Soares Carneiro, was an obscure rightist whose main credential for office seemed...
Polls showed Soares Carneiro trailing Eanes 2 to 1 before the crash. After it, all parties agreed that Sunday's elections should proceed as scheduled, probably because none could really assess what effect the accident might have on the outcome...
...past, a speculative boom in new issues has always been followed by a crash. In the late 1960s investors rushed to buy electronics stocks, and in the early 1970s new computer firms were the rage. Both markets ultimately collapsed. Recalls Stanley Pratt of Venture Capital Journal: "Then two guys in a phone booth could raise several million dollars just by coming up with an idea, putting the suffix 'onics' on the end of it and making it public...
DIED. Francisco Sa Carneiro, 46, Prime Minister of Portugal whose rightist Democratic Alliance had given his country its first stable government since the overthrow of Marcello Caetano in 1974; in a plane crash that also killed Minister...
...classes, and the noise in the Square is much louder. And Zhao is no longer studying for a degree. As a member of this year's class at the Nieman Foundation for Journalism, and the first fellow from the People's Republic, he's come to Harvard for a crash course in the modern world...