Word: grosse
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Dates: during 1980-1989
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...series of meetings between the sworn archenemies may have been prompted more by economic necessity than ideological choice. With a per capita gross national product of $140 (compared with around $14,000 in the U.S.), Mozambique remains one of the world's poorest nations. Ongoing problems of mismanagement, corruption, lack of skilled workers and faulty agricultural planning have been compounded by the worst drought in 50 years. Over the past six months as many as 100,000 have died of starvation; 4 million of the country's 12.5 million people still do not have enough to eat. When...
Government budget deficits should decline, said Mast, even if they remain be tween 14% and 16% of gross national product in Italy, Belgium and Sweden. Given this background, Mast expected that "1984 could be the year of declining interest rates in both the U.S. and Europe." Other board members, though, remained skeptical about any significant drop in the cost of money...
...inherited a collapsing economy. Recession-pinched tax revenues were being drained by the most bountiful social welfare system south of Sweden, dispensing such goodies as 80%-of-salary unemployment benefits and $250 monthly stipends for school graduates and dropouts. The budget deficit stood at $10.5 billion, or 12% of gross national product. Unemployment had risen from...
Eakins' masterpiece, The Gross Clinic, 1875, certainly bridges two cultural worlds. On the one hand, one can read it as a very American icon of progress; it is a fervent, secular celebration of objective scientific knowledge, with the realism of paint serving that of science. Dr. Gross, light shining from his high forehead and glittering on his bloody hand and scalpel, is a pragmatic hero, and his skill is set before us as part of his American nature...
...power, even though he was overwhehningly re-elected last August, highlighted the pattern of failure that has plagued black Africa in the quarter-century since most of its nations became independent. The problems of Nigeria are, by and large, those that afflict the entire continent: abject poverty, rampant corruption, gross mismanagement, tribal enmity, uncontrolled population growth. If, in spite of its assets, Nigeria cannot break out of the vicious cycle of political instability and economic decline, the prospects for most of the continent's other countries appear all the bleaker (see following story...