Word: orbited
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Dates: during 1980-1989
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...willing to dip into their nest eggs or go into debt to support their living standards. Joseph Pechman of Washington's Brookings Institution, on the other hand, suggested that much of the shopping splurge has been attributable to a consumer compulsion to buy now before prices shoot into orbit. Yet Brookings Economist Arthur Okun noted that considerable spending has been for goods like furniture and clothing, which have been rising in price far more slowly than other consumer items...
...case of Afghanistan, they showed their willingness to act with direct military intervention. One surmises that they are also concerned about the instabilities created by the Islamic revolution in Iran. But is is also clear that, certainly in recent years, they have not considered Iran part of the Soviet orbit and were willing to live in peaceful relations (including fairly extensive trade) with the repressive government of the Shah. This was much to the dismay of the Iranian Communist Party--the Tudeh--which often complained bitterly. The strong claims made so far by U.S. leaders that the Soviets were heading...
...identity the various bones in the hand or say how many satellites orbit Jupiter, Mars, and Uranus? Contestants in Harvard's College Bowl answered those and other obscure questions during competition last weekend for a place in the regional tournament in two weeks...
...long, and seemingly unbroken, string of Moscow-sponsored Communist takeovers. Between 1944 and 1948, Albania, Bulgaria, Rumania, Hungary, Poland, Czechoslovakia and East Germany all fell under Soviet control, either by Soviet army conquest or political subversion. North Korea, which was occupied by Soviet troops, entered Moscow's orbit in 1948, and China the following year, after Mao Tse-tung's armies swept across the country. Five years later, North Viet Nam became Communist, after the peasant armies of Ho Chi Minh humiliated the French at Dien Bien Phu. In 1960, Fidel Castro aligned Cuba with the Kremlin...
...that standard, which has tended to be surprisingly accurate over the years, 1980 ought to be bullish for investors. During the month that ended last week, every significant measure of investment activity on the nation's two largest stock exchanges rose handsomely, and trading volume soared into orbit...