Word: crunchingly
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...fiscal crunch led the mayor last May to borrow almost $18 million from the water department's capital-improvement fund to pay other departments' operating expenses. But now the water system has decayed dramatically: pipes are badly corroded and a filtration plant is in danger of closing down for lack of maintenance. Two weeks ago a local court ordered the water department into receivership while a regional authority prepared to take over its operation...
...United Church delegate who spoke in favor of the boycott added. "No one will find giving up Nestle's Crunch Bars more difficult than...
...Chase Manhattan and Citibank lifted their prime lending rate to businesses from 9¾% to 10%, the highest since January 1975. Other banks are expected to follow suit. The action, reflecting a steady tightening of money by the Federal Reserve Board, substantially increases the risk of a credit crunch and a deeper economic downturn next year than most experts were forecasting a few months ago. The hike is certain to pull up other rates and dampen spending by boosting the cost of corporate loans and, eventually, of consumer borrowing...
Since the early talk about the crunch of the 1980s, the headlines have been full of seemingly good news about oil. Exploratory drilling activity has risen by 30% since the 1973 embargo. In the past year or so, oil has begun to flow from Alaska's North Slope, North Sea production has increased, and promising indications of oil and natural gas have been found in the Baltimore Canyon off the U.S.'s East Coast. Oil companies have also been exploring what are thought to be big deposits along China's coast. And in Venezuela, development is continuing...
...Nestles makes the very best, Mal-nutrition." That mutant jingle from the old commercials made the campus rounds this week, as the boycott-Nestle movement picked up crunch...