Word: gloom
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...GLOOM IN THE TIME OF GLASNOST...
...from the housing complex are other signs of transformation. Melbourne's skyline is a jumble of gleaming glass-and-steel boxes, tossed up almost overnight in the 1980s property boom. But beneath the glitter there is gloom. Last year the Melbourne city council announced that the number of beggars in the streets had increased for the first time since the Depression. The gap between rich and poor grew worse in the past decade, typified by the activities of Australia's over-leveraged business tycoons, whose rise and fall earned the country much publicity overseas. A decade that academic Hugh Stretton...
...mesmerizing and innovative storyteller. In the haunted world that she conjures, dead relatives command greater attention than the living. It is a measure of the author's formidable skills that she vividly evokes the misery of Momma Towne and her four stepdaughters without suffocating the reader in their chronic gloom. While the backdrop is one of complaint, cryptic exchanges -- "That again? Are we rehashing that again?" -- are enough to remind us of the women's litany. Their oppressive unhappiness is artfully offset by the vitality of the three youngest Townes, who, like flowers that bloom in urban sidewalk cracks, fight...
...lingering gloom reflects woes that have been building for years and will take years to dispel. "The restructuring of corporations, heavy debt loads and the perceived lack of leadership have been bothering the consumer, and a lot of this hasn't changed much yet," says Donald Ratajczak, an economist at Georgia State. Forecasters thus predict an anemic 1.5% growth rate for 1992, far below the robust 5.5% average for the first year of past turnarounds. Such sluggishness would scarcely reduce unemployment, which stands at 7.3% and could climb even higher as the Pentagon demobilizes the armed forces and slashes military...
...Gloom descended as leaders of the Commonwealth of Independent States ended their summit meeting in Kiev last week without managing to defuse a situation that threatens the already fragile structure of the nascent organization: the growing rancor between Russia and Ukraine...