Word: crunched
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Dates: during 1980-1989
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Dealing with the postal crunch will be a formidable job for Anthony Frank, 56, who became Postmaster General this month. He replaced Preston Tisch, who returned to the management of Loews Corp. Frank, a former chairman of San Francisco's First Nationwide Financial Corp., has already jumped to the defense of the Postal Service, pointing out that the "magnitude of the task is just beyond belief." As for the higher rates, even critics concede that U.S. postal service is cheap compared with that of other countries. Mailing a letter in West Germany, for example, costs 48 cents, while the price...
Stewart added that he could not see "how any non-confrontational solution can be found. A couple of hundred dollars will not fix the housing crunch in Cambridge...
...juries last month, President Eric Arturo Delvalle sacked him as head of the 16,000-member Panama Defense Forces; the general simply turned around and had the National Assembly dump Delvalle, replacing him with Education Minister Manuel Solis Palma. Now Noriega faces a stiffer test: a rapidly worsening cash crunch that began two weeks ago, when the U.S. froze some $50 million in Panamanian funds in U.S. banks...
...about malevolent new designer viruses escaping from laboratories and running wild. And the Big Bang theory of the universe's origin suggests two possible conclusions, both of them unpleasant: infinite expansion, with a concurrent dispersal of heat and an annihilating deep freeze; or eventual contraction and a horrendous Big Crunch...
WORLD: Facing a U. S.- engineered cash crunch, Noriega may be ready to deal...