Word: germanic
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Dates: during 1990-1999
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Anyone who has watched the village T.V. with a coat hanger for an antenna. Anyone who has kicked a ball full of rags through the slums of Rio or fallen to neatly manicured German turf in celebration. It is the game and passion of the world. We should count ourselves thankful that it was held here this summer. And we must hope it comes back...
...come, when the U.S. economy is expanding steadily with little inflation? Some conservatives grumble about an international investors' vote of no confidence in Clinton's leadership. But most analysts stress other causes. German financiers cite a worldwide demand for investment capital to finance renewed economic growth. The U.S., they say, is losing out because investments in other countries yield a return roughly equal to what American securities pay, with less risk of currency-exchange losses. So fear of a further decline in the dollar chokes off the very investments that could prevent...
Later that day, Zhirinovsky made a token visit to a factory, walking through a deserted mill with endless rows of silent weaving machines. As a German television crew watched, he delivered one of his patented anti-Western tirades. "This factory stands idle because of Western interference in our affairs!" he shouted, shaking his finger directly at the German camera. "You have worked to ruin this country...
...offer to house the broadcasters in the former Czechoslovakian parliament building in Prague -- rent-free. The stations, based in Munich for four decades, said the move would shore up their 1,500 employees' morale, but TIME State Department correspondent J.F.O. McAllister says few really want to leave their comfortable German surroundings. The Czechs, he adds, are only too happy to import a prestigious Western operation, especially this one: "All the intellectuals really loved Radio FreeEurope (when the Soviet empire held sway throughout the region) -- it was their lifeline."parpar
...Dollar once again dropped to postwar lows against the Japanese yen, closing at 98.30 yen in Tokyo and fell to it lowest level this year against the German mark . . . Dow Jonesindustrial average rose 22.02 points, closing at 3674.50 . . . N.Y.S.E.'s composite index up 0.03, to 246.54 . . . NASDAQ stock-market composite index fell 2.29, to 701.30 . . . American Stock Exchange down 0.15, to 423.55 . . . Gold fell $2.10, to $383.40on the Commodity Exchange in New York . . . The 30-year Treasury bond closed with a yield of 7.59 percent, up from 7.58 late Tuesday. parparpar