Word: momentum
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Dates: during 1970-1979
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...termination of his second marriage and the beginning of his third. The poetry in those two paired volumes was only infrequently up to Lowell's best, but the sustained drama of the situation-and the poet's vivid evocations of both anguish and exhilaration-provided enough momentum to carry even weak poems along...
...where tensions rose appreciably last week. The President's energy, perseverance and charm have impressed Arab and Israeli alike, but his confusing statements and missteps have dismayed them. Even before Carter took office, Kissinger's innovative step-by-step diplomacy had stalled. Carter has been unable to restore the momentum and the region is probably closer to war than when he came to power. This week Secretary of State Cyrus Vance departs for a ten-day swing through Egypt, Lebanon, Jordan, Syria, Saudi Arabia and Israel. He was not optimistic as he left Washington, and there is growing apprehension that...
Many experts believe, however, that the two big factors for change-competitive pricing and prepaid systems-will provide a momentum of their own. "There will be a lot more services provided, but many aspects of the profession will be downgraded," says one. "There will be legal clinics where one guy does nothing but handle divorces all day and the next one does nothing but complaints about faulty appliances...
Earlier this year, as the economic recovery picked up momentum, some savvy Wall Street professionals were predicting that stock prices would zoom and the Dow Jones industrial average would easily soar beyond the peak of 1,051.70 it reached in 1973. So much for savvy. Since January the stock averages have wobbled and worried their way down steadily. Last week the 1977 market's peevishness turned into something approaching panic, as a selling stampede slashed share values and drove the Dow down to its lowest level in 18 months...
...European firms, partly because productivity is higher. The U.S. has become something of a cheap-labor market in comparison with its European trading partners. Until the early 1970s, European labor was less costly than American. But all that has since changed. Washington devalued the overpriced dollar, inflation gathered momentum in Europe, and powerful European labor unions began winning not only higher wages but all sorts of other benefits...