Word: currently
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Dates: during 1970-1979
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...political tactician, Mrs. Gandhi outwitted, outfought and outcornered the opposition. With no current seat of her own in Parliament, she directed the Congress (I) from her home or from party offices. Having first backed Charan Singh in July in order to force the resignation of Desai, she then deserted Charan Singh to force his resignation less than a month later. Ram, who has been in every Cabinet since independence, stood by Mrs. Gandhi throughout the Emergency, but deserted her at the last moment to help the Janata Party win the 1977 election. Last week she took her revenge by denying...
...only real diversion is provided by Shanghai's 65 movie theaters, most of which open at 6:30 a.m. City authorities have allowed that unusually early opening time to draw some of the jobless young people off the streets. The city's current favorite movie star is Charlie Chaplin. When Limelight opened in June, it was to S.R.O. crowds. The film appeared only because Shanghai's Chaplin fans reluctantly allowed Modern Times to close after a six-month run. Another top attraction is Awara, an Indian melodrama about a disaffected youth who becomes a vagabond after being...
...valuable, at least to those Wall Street insiders who buy on the rumor and sell on the fact. But journalism's constant anticipation of the news can be like a runner dashing for third without having touched second base. Magazine writers, or the authors of books about current affairs, often find themselves gratefully surprised by how much remains unexplored and untold about major events that the daily press and television once swarmed all over, then abandoned. An English historian, when asked how valuable newspapers are to his own work, didn't express the usual misgivings about their accuracy...
Compared with past downturns, some of the current cutting is following unusual patterns. In previous recessions, forms of entertainment and diversion such as books, records and movies flourished during hard times because they were relatively inexpensive. But they are no longer so cheap, and therefore no longer recession-proof...
...current slowdown continues, the danger will be that consumers will not just cut discretionary spending but also begin to forgo other purchases that would have a broad effect on the economy. Even now, studies show that consumer "confidence" is near its lowest level in 30 years. Because spending by individuals on all sorts of goods and services accounts for fully two-thirds of the nation's gross national product-far more than spending by Government and business combined-a sharp retrenchment in purchases of autos, houses and other big-ticket items would surely deepen the shallow recession that many...