Word: ironing
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Dates: during 1970-1979
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...Fourth World. The old Third World became a more exclusive, OPEC-led grouping, limited to those nations that are exploiting their rich mineral or agricultural resources. Emboldened by the oil producers' success, many other Third World countries tried to create their own price-fixing cartels for copper, iron ore, tin, phosphates, rubber, coffee, cocoa, pepper and bananas. Their leaders talked of "one, two, many OPECs." The grand plans generally failed because members have lacked the cohesiveness to make them work ?so far. But the new importance of raw materials moved some big producers to raise prices unilaterally. Jamaica...
...Christmas-morning quiet on Pennsylvania Avenue was sundered by a clatter of metal. Out on the White House lawn was an unexpected and most unwelcome package: a 1975 Chevrolet had crashed through a wrought-iron gate at the northwest corner of the grounds and screeched to a halt a few feet from the mansion's north portico...
...Flying Iron. By week's end, the death toll had reached 48 and was expected to rise; at least 900 were injured and 100 missing. Nearly half the population were without even the shell of a home for shelter; the city had no potable water, power or a working sewage system. Relief officials feared outbreaks of cholera and tetanus induced by contaminated water supplies and inadequate medical treatment...
...Force Squadron Leader Dr. Phillip Brownlie, one of the first physicians on the scene, said the victims had "abdominal injuries, head injuries, ruptured spleens, broken femurs and lacerated chests. Most of the injuries were caused by flying roofs, iron and timber. Darwin is gone. There's nothing left but rubble." Among the survivors were Steve Albanis, his wife Carol and their son, Damien, 2½, who outlasted the storm by huddling inside a deep freezer with 18-in. walls. Geoff James and his wife Barbara clung to their front fence for four hours; when the wind changed, they climbed...
...Steel executives led by Board Chairman Edgar B. Speer arrived in Washington. Although U.S. Steel had raised prices by 23% earlier this year, the officials insisted that the new increases were needed to help the company "catch up" with recent run-ups in the cost of coal, iron ore and other materials-all of which have added up to a $20 rise in the cost of producing a ton of steel in just five months...