Word: grosse
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Dates: during 1990-1999
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...corporate downsizing has inspired doubts about whether the slump that began in July 1990 has really ended. In the latest sign of hard times, the Commerce Department last week said the U.S. gross national product dipped 0.1% in the second quarter this year, marking the third straight quarter of decline. While many economists still predict that the U.S. will show at least slight growth for the third quarter, the report indicated just how shaky the economy has become. And consumers, whose purchases account for two-thirds of the GNP, could become increasingly reluctant to spend. The government said last week...
Gorbachev's near zero popularity stemmed from his failure to bring even a modicum of improvement to living standards. Soviet gross national product fell 10% in the first six months of this year. Prices have risen 48%, and the distribution system has broken down completely. Though the Emergency Committee did not mention it, the defense budget is rising from 26% of the budget in 1990 to 36% in 1991. More than half of all industrial production is military...
...star. Last year Columbia Pictures sent him to Mexico, gave him a pretty woman and a passion to ride after and called the movie Revenge. For Columbia, the only revenge was Montezuma's: the picture went down the commode in a flash. It stumbled to a $15 million gross, less than a tenth of what Dances with Wolves or Robin Hood: Prince of Thieves will have earned in North American theatrical release...
...Seven said they would provide technical assistance in developing the Soviet transport network, legal and banking systems, energy resources and food production. They also offered to help convert Soviet military industries, which, according to some estimates, still account for about 20% of the gross national product, to civilian production. The G-7 chairman -- Major until the end of the year, then German Chancellor Helmut Kohl -- will visit the U.S.S.R. "to keep in close touch" with the progress of reforms...
China is also in effect asking for continued low American tariffs on its exports -- but in more truculent tones. When the House last week voted 313 to 112 to cancel most-favored-nation status next year unless China improves its human-rights record, Beijing denounced the "gross interference in China's internal affairs" and urged Congress "to stop this kind of practice." In other words, put up and shut...