Word: echoing
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Dates: during 1970-1979
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Former Defense Secretary James Schlesinger hears an echo from the 18th century, when armies used to maneuver around each other. The one emerging in an inferior position often surrendered quickly so that it could live to fight again. "We march television cameras instead of troops," he says. Warfare that used to seek land, wealth or subjugation now is aimed at the mood in Washington or Qum or Moscow or Riyadh...
...South Korea's from 12.5% to 6%. Oil-fueled inflation is raging. Taiwan's wholesale prices rose 3.5% last year, but are expected to jump 16% this year; at least ten points of the total are directly attributable to increased energy costs. Many Third World leaders echo Kenya's Kibaki: "We have had to postpone vitally needed development projects. We are not importing any nonessentials...
...industrial activity are lower today than they were at the beginning of the year. Like theologians discussing how many angels can dance on the point of a needle, economists may argue tirelessly whether there really was a recession in 1979 and when it arrived. But there are many who echo Economist Murray Weidenbaum: "A year from now we will not be debating whether or not we had a recession. It will be clear...
Beneath Khomeini, the Iranian government is a babble of conflicting voices, some sounding bloodthirsty, others somewhat conciliatory. Acting Foreign Minister Abol Hassan Banisadr, who seems torn between two factions, managed to echo both themes at once last week. "If the U.S. Government intervenes militarily against Iran, all Iranians will fight to the last drop of blood," he proclaimed. But he also said: "The U.S., as a land of free people, can neither submit to the humiliation of surrendering a sick man [the Shah] to a regime such as the Islamic Republic of Iran, nor can it take any pleasure...
...that, most shoppers still echo Estelle Wollman, 70, who plans to close a deal on a Sunrise, Fla., condo not far from Fort Lauderdale: "I can't worry about interest rates now. Where am I going to go? I don't want to live in a rental any more, with its $50-a-month increase every year." Over the long term, it seems that demand-and prices-for condos and co-ops will be stronger than for housing in general...