Word: fund
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Dates: during 1970-1979
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...life were making it harder for the truckers to stay idle. Monthly payments for their rigs are as high as $2,000, more than the cost of most home mortgages. They stand to lose a lot of money by refusing to work, and they do not have a strike fund. They also ran into a tough reaction from local governments. Admits Mac Vernon, a spokesman for the Independent Truckers Association: "Local officials are getting injunctions to stop picketing and blockading, and some companies are saying, 'You either run or you're fired...
Republican professionals discount Haig's chances as a politician, mostly because he has no home base from which to run. Said John Sears, a strategist for Ronald Reagan: "It's very difficult to come in and grab the ball and run with it." Asked Conservative Fund Raiser Richard Viguerie: "Where would he get his money...
...world's fertility rate is dropping, the United Nations Fund for Population Activities reported last week, principally because of delayed marriages and decisions to have smaller families. The U.N. study notes that most governments now recognize the need for comprehensive population policies. Even so, by the end of this decade alone there will be an estimated 738 million more people alive than there were in 1970. By the year 2000 more than 6 billion people will inhabit the planet, twice as many as in 1960. Worse yet, the population of the poorer, developing nations will account...
...industrialized nations were all lined up at the crest of a simultaneous boom. They all skidded into recession together, and many smaller countries slid down with them. Largely to pay their bloated oil bills, the less developed countries (LDCs) borrowed heavily from public institutions like the International Monetary Fund and from private banks in developed nations, notably the U.S. Since 1973, the foreign debt of the non-OPEC LDCs has doubled to more than $200 billion; today they must spend at least 12% of their export revenues to service their debts...
...bankruptcy. The trouble was that Westenburg tried to do everything himself: collect texts, read program proofs, deliver checks to the musicians' union. Finally, with help from the New York State Council on the Arts, he hired an administrator, assembled a board of trustees and learned the ways of fund raising ("We'd invite people to dinner and then sock it to them...