Word: forecasts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...vision while denouncing the Republicans for their lack of imagination. In a curious reversal, Carter compared the Democrats' earthy realism to the Republicans' Utopian dreams of a world of "good guys and bad guys, where some politicians shoot first and ask questions later." This was a forecast, no doubt, of the kind of attack that will be launched against Reagan during the campaign. Reagan, said Carter, suggested blockading Cuba after the Soviets invaded Afghanistan, while opposing the President's grain embargo. Scoffed Carter: "He doesn't seem to know what to do with the Russians...
...painful for a country that has no foreign exchange reserves and is dependent on aid. Venezuela has frozen $285 million in credit. About $123 million, mostly in development aid, has been lost with the suspension of U.S. disbursements. Bolivia's balance of payments deficit for 1980 is now forecast to be $500 million; with tin exports interrupted, the junta may in effect go bankrupt before it has a chance to do more damage. In addition to eliminating all military assistance and sharply cutting back on economic aid, the U.S. last week announced that it was ending a joint program...
Ironically, the latest figures come at a time when the economy is beginning to recover at least some strength on its own. The Commerce Department's index of leading economic indicators, a composite figure designed to forecast future trends in the economy, last week posted a jump of 2.5% during June, the first such rise in eleven months and the biggest jump since June...
...such grim warnings have become all too familiar. But this particular forecast is different. For the first time, the U.S. Government has added its full voice to the chorus of environmental Cassandras deeply distressed about the future. In an 800-page study issued last week, a presidential panel warns that time is fast running out for averting a global calamity. Says the report: "Unless nations collectively and individually take bold and imaginative steps ... the world must expect a troubled entry into the 21st century...
Some critics noted that the worst effects forecast by the study may be eased by unanticipated technological breakthroughs before the year 2000. By contrast, 17 environmental organizations, in an otherwise laudatory statement, noted that the report painted perhaps too bright a picture. The Carter Administration quickly made clear that it attaches considerable importance to the study. It was distributed to all foreign embassies in Washington, and President Carter announced creation of a Cabinet-level task force, under Gus Speth, chairman of the Council on Environmental Quality, to develop a course of action for mitigating the global threats envisioned...