Word: depression
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With his people and his army behind him, Sadat today has concentrated more power in his hands than Nasser ever had. Yet the villager who became a ruler feels alone in power. The threat of death does not depress him, he says, even though he has become the No. 1 villain to Arab rejectionists. "Neither the Palestinians nor Gaddafi," he said, "can deprive me of one hour of my life, if God doesn't accept it." At the Barrages, Sadat recalled a book about Abraham Lincoln that he had read as a boy. "Lincoln was a villager...
Ferguson offered eight economic proposals he said would have an impact on South Africa, including U.S. legislation to deny tax credit to U.S. companies in South Africa and a further push by the U.S. to depress the value of gold, one of South Africa's major national resources...
...mention guidelines, wage and price controls, jawboning-no, no, no, they don't want that." The President himself notes that the Federal Reserve's sporadic efforts to check inflation by restricting the growth of money supply push up interest rates -and rising interest rates have helped to depress the stock market. Last week the White House issued a highly unusual "notice to the press" warning the Federal Reserve not to push interest rates higher...
Part of the responsibility for the growing wheat surplus rests on the farmers themselves. Sensing last fall that an expanding "carryover" of unsold wheat would depress prices, they paradoxically overplanted. Reason: federal price supports are based on the percentage of acreage seeded, and farmers wanted to get as much of their land covered by the supports as possible. In addition, record-breaking wheat crops were harvested worldwide last year, cutting into American farmers' export markets. The U.S. consumes only about two-fifths of its wheat crop, relying on foreign buyers to gobble up the rest. Another bounteous global grain...
Sitting around in Tommy's, Cafe Algiers and the Pewter Pot soon began to depress Beth and she started to join extra-curricular activities. All of them. She pretended she was only looking for friends, not a lover and sometimes she meant it. But beneath her resolve to be self-directed and independent she always had an eye peeled for an eligible male. As she confided in a friend, "I'm not exactly looking for one but if a nice one jumped in my lap I wouldn't exactly push...