Word: distressed
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...more immediate steps to calm jittery financial markets. In particular, the ministers agreed that the major industrial nations should greatly increase their contributions to the International Monetary Fund, which makes loans to countries having balance of payments difficulties. Until more fundamental solutions can be found for the mounting debt distress of developing nations, increased IMF lending will apparently have to serve as a stopgap...
Acting at a time of economic distress and fiscal difficulty, the legislature could hardly have ignored the financial losses which may result from divestiture. Indeed, the state treasurer quietly opposed the bill because he considered the potential losses--which he predicted could exceed $12 million--unjustified. But the legislators rightly placed a greater value on the withdrawal of support from South Africa's system of racial oppression that will be accomplished by the bill. Unfortunately the University, blessed with rare economic security, finds itself unable to take a similarly courageous moral stand...
...Cape Town, starts her journey in modern South Africa, then begins "trekking away from time" back to the 17th century, when a group of Dutch Calvinists sets out for Cape Town. The tiny white minority see themselves as a new chosen people, driven by religious fervor and economic distress. By the 19th century their descendants have become as rooted, as various and as melodramatic as the land. Villet brings them all onstage: the Falstaffian "Oom Paul" Kruger, grandfather to 120, opponent of natives on one hand and Victorian imperialists on the other; Schalk van Niekerk, owner of a "blinklippie...
...Neill did not deny that financial cutbacks were part of the cause for the financial distress of the small schools, saying that "financial cutbacks just make it worse...
DIED. Hans Selye, 75, Vienna-born endocrinologist and the world's foremost authority on stress; in Montreal. Experiments on rats led him to theories about stress, which he explored in 33 books (including Stress Without Distress, 1974). The body's physical response to stress-alarm, resistance and exhaustion-can cause disease and death, Selye demonstrated. He contended that modern humans are no more its victims than were cave dwellers and suggested that by learning to control stress "people could live past...