Word: expanding
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Dates: during 1980-1989
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Even so, Clausen may still have to back off from at least some of the super-generous loan proposals made by his predecessor. Before he stepped down last month, McNamara, 65, set in motion an ambitious program to expand World Bank lending, already at $12 billion annually, to a full $30 billion by 1985, Raising that much money may simply be beyond the World Bank's powers without huge infusions of new capital from...
...today, the face of blue-collar skill is aging. Small tool shops cannot replace craftsmen as they retire. Larger machinery manufacturers cannot find willing younger men to train in order to expand production and grow. West Coast aerospace giants like Boeing and Lockheed constantly raid each other's work forces in the hunt for skilled people. At a tune when one in 13 U.S. workers is unemployed, jobs by the hundreds of thousands in many of the economy's most vital sectors are going begging for the lack of trained people...
Chrysler Chairman Lee lacocca is now making a bid to expand the company's shrunken dealer base. lacocca, a former president of Ford Motor Co., is even trying to persuade GM and Ford dealers to display Chrysler models alongside their own. He is gambling that his models will outdo the competition and that he can eventually take over some franchises. One St. Joseph, Mo., dealer who has been affiliated with Ford for 24 years is now outselling Fords with Chryslers by 3 to 1 off his showroom floor...
...prices. The Conservative government of Prime Minister Margaret Thatcher has been relying on up to $9.5 billion in revenues from North Sea production to help balance its fiscal 1981 budget. But the weakening market has discouraged the state-owned British National Oil Co. from opening promising new fields to expand production...
...Force distribute Blackfeet wares in their PXs worldwide. With sales last year of $5.1 million, the company earned a net profit of $175,000. The business supports 100 jobs on a reservation where unemployment still hovers near 50%, and Chairman Old Person confidently plans to borrow more money to expand the factory. Says he: "We have built pride where there was none." And that makes the bottom line of the Blackfeet Indian Writing Co. look healthy indeed...