Word: crashing
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Dates: during 1980-1989
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...Khomeini's fanatical army breaks through the Iraqi lines and captures Basra, the reverberations will shake all of Western Europe and Japan. According to one highly placed Western diplomatic source, "The fall of Basra would bring the crash of the Frankfurt stock market. Every blue-chip company in West Germany has a big stake here. They have close to $5 billion invested in development projects in Iraq." The Japanese also have $5 billion staked on Saddam's survival. France is not far behind. The U.S. is in for just under $ 1 billion...
...head, neck and chest injuries when a gust of wind flipped his boat while it was traveling at 175 m.p.h. during a qualifying run for the annual Columbia Cup race; on the Columbia River near Pasco, Wash. Returning several times from retirement, the "Comeback Kid" had miraculously survived one crash after another. Eventually he became one of only seven competitors who lived long enough to win more than a dozen races...
Wall Street's gloomiest forecasters argue that sky-high borrowing costs are literally ruining the business environment for American industry. Says Raymond Dalio of Bridgewater Associates, a Wilton, Conn., economic forecasting firm: "I think we'll see a repeat of the Crash of 1929. The only way we can avoid a further acceleration of failures is to get a substantial break in interest rates accompanied by a sharp increase in economic activity. That has not happened, and that is why I believe we are already in the early stages of a depression." Dalio expects the Dow to drop...
...gambit was carried out swiftly and efficiently. One year after his mentor, the popular dictator Omar Torrijos Herrera, died in a plane crash, Panama's President Aristides Royo, 41, resigned from office last Friday. In a letter dispatched to the president of the National Assembly and read to the public, Royo declared that he could no longer carry out his responsibilities "due to health problems that make a checkup necessary." Shortly after his Vice President, Ricardo de la Espriella, 47, was sworn in as his successor, Royo explained that a "throat infection" had seriously hampered his ability to govern...
After disembarking, the assortment of Americans brought together by the tour hugged and kissed each other and sang the doxology in praise of God. "We were all prepared to crash," says Ronald D. Roth, a guidance counselor at North Hunterdon Regional High School in Annandale, N.J., who was leading the group. "This is one adventure we didn't need...