Word: gernot
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...other central banks have only limited resources for use in any single intervention. Small wonder that when 18 governments pumped $5 billion into the markets to support the dollar two weeks ago, the effort had little impact. "The central banks are powerless against the currency-market forces," asserts Gernot Nerb, director of research at the IFO Institute for Economic Research in Munich...
...calling for an emergency meeting of the Group of Seven industrial countries to map out broad-scale Western assistance. It all may be too late. "We have known since the time of Gorbachev that the Russians don't give a damn about the prestige of their leaders," says Gernot Erler, a senior German legislator, "unless it puts food in their stomachs." No Western wands can wave away the real economic hardship that has fueled the Russian Congress's grab for power...
...Olympics an athlete comes into the spotlight for a second and then, in most cases, disappears into oblivion for four years. The first question asked of the first male gold medalist, Austrian downhiller Patrick Ortlieb, was whether he had thought, during his run, of his teammate Gernot Reinstadler, who died in a race last year. He couldn't, the affable big man said simply, he couldn't afford to think of accidents or of anything but the course. One moment of sentiment could mean a lifetime of regret...
...Switzerland, 5.9% of the gross national product stems from tourism; in certain Alpine vacation areas, travelers' spending accounts for up to 80% of the economy. It is this boom in tourism, however, that has led to concern that an ecological apocalypse may be at hand. Says Gernot Patzelt, Innsbruck University's chief ecologist: "We have to define the maximum load, the point beyond which damages will become irreparable...
Other scientists are skeptical. Several have tried in vain to duplicate the "distance effect." Last week the director of the time service division of the Naval Observatory, Dr. Gernot M.R. Winkler, voiced the strongest doubts yet. "We have 100% proof that the distance effect is all wrong," he said, "and a 95% chance that the sunrise-moonrise effect is spurious." Which still leaves the Sadeh-Au question: Why did the clock appear to slow down at sunrise...