Word: hugeness
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Dates: during 1970-1979
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Mostly, Egypt has been banking on the $3 billion in aid it expects from the U.S., West Germany, Japan and the World Bank. Cairo officials insist that their country can remain solvent enough to maintain the huge food subsidies that are essential to Egypt's internal stability. "There is no chance we will face food riots like those of January 1977," a government economist said confidently. But with 30% inflation, a population explosion (2.58% annual birthrate) and limited foreign exchange, Egypt could still suffer severe economic damage from an intensified or even prolonged boycott...
...program? The purpose was simply to fool the Americans and other foreigners, to attract their attention. The same is true of the "Big Character Posters" on Democracy Wall. The Four Modernizations were designed to give the outside world the impression that the mainland was going to turn into a huge market. But in fact no country can be modernized unless it can first modernize its thinking and its political system. Unless Communist China does this, it can never succeed with the Four Modernizations...
...into believing that, as a consequence, medical inflation did not hurt them, now realize that they do pay the bills. They pay in taxes needed in part to finance Medicare and Medicaid. They pay in smaller wage increases than they would get if private employers were not saddled with huge medical insurance premiums. They pay in price hikes that result directly from those premiums. The health insurance costs that Ford Motor Co. pays for its employees add $130 to the price of every car the company makes...
...businessmen, both multimillionaires, were Habib Elghanian, a plastics manufacturer and the first Jew to be condemned, and Rahim Ali Khorram, a Muslim who owned a string of gambling casinos and bordellos. Elghanian,who was convicted of spying for Israel, was said to have made huge investments in Israel and to have solicited funds for the Israeli army, which the prosecution claimed made him an accomplice "in murderous air raids against innocent Palestinians." Witnesses against Khorram charged that he supplied prostitutes for the Shah's officials, once fed a man to a lion in his amusement park, and kept...
...Next year, you'll find me in the audience." So said a smiling Henry Ford II last week at the annual meeting of the huge auto empire attended by 2,850 Ford Motor Co. stockholders in Detroit's jampacked Henry and Edsel Ford Auditorium. As expected, Ford, 61, said that as of Oct. 1 he would step down as chief executive of the world's second largest auto company, which last year had sales of $43 billion. His successor, he added, would be the company's president, Philip Caldwell, 59, the first non-Ford ever...