Word: panic
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Dates: during 1960-1969
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...million a year. Peasants lack both incentives and skill in modern agricultural methods. In the cities, police raids on shops and warehouses to seize hoarded supplies have crippled trade, and government attempts to regulate distribution by making up "food zones" have only resulted in further disrupting the supply. Panic buying creates false scarcities, and Indian officials bitterly admit that, after massive government investment in agriculture, the country still must rely on the U.S. for some three million tons of crucially needed wheat this year...
...city of Bukavu, the government's last major toehold in the eastern Congo. Promptly the rebels set up headquarters in the Hotel Royal Residence, took over the post office, and began rampaging through the center of town. Always before in such circumstances, the government defenders had fled in panic and confusion. This time, bolstered by 150 of Tshombe's tough ex-gendarmes from Katanga, they stood and fought. After three days of battles, it was the rebels who broke and ran. Behind them, 300 dead of both sides lay in the streets...
...Panic. Thus there was no reason to panic on that sunny Sunday last week when Maddox lookouts sighted three Communist torpedo boats near the island of Hon Me (see map). The destroyer merely continued north on its patrol, and in due course made a leisurely turn and headed back south...
...indispensable man. With him in the lead, the men explored the "room" in which they were trapped: a 144-ft.-long by 15-ft.-high chamber that was cold and damp, its floor under water. There was no food; yet, thanks largely to Martinet, the miners resisted panic, began tapping with their picks on the cavern wall...
...little investor was doing much of the selling, and the tape ran late nine times during the week, once for 16 minutes. But there was no panic, and trading volume stayed extraordinarily low for most of the week. Professionals figured that, in any case, the market needed an excuse to retreat after a heady climb, guessed that there was a good deal of plain old profit taking. At the most bearish hour last week, Indicator Digest, an investment advisory service, issued a special bulletin: "Emotional war jitters have always culminated in good buying opportunities." True enough, but wary professionals were...