Word: peaks
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Dates: during 1970-1979
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...just 40, a millionaire, world-renowned and, at the peak of his profession, a confident and gracious man. He is pale, despite the Sahara sun, but seemingly healthy. His life with Pierre Berge, his business partner and intimate of 15 years, has probably been as harmonious as most marriages. Yet beneath the patina of assurance, Yves Saint Laurent is a tortured soul, a self-avowed neurotic who is still recovering from an unhappy childhood and the trauma of his brief service in the French army (he spent two months in a solitary psychiatric cell). "Yves," says Berge, "was born with...
...walked out of California's 78 canneries. The strike coincided with record harvests in a state that produces more than 50% of the U.S.'s canned fruits and 85% of its canned tomatoes. The walkout thus caused farmers to lay off 15,000 field workers near the peak of the picking season...
Viren seems to bring himself to peak form only for Olympic Games. His track achievements since Munich have been minimal, but he began hard training this spring, spending weeks in Kenya and South America, where he could find both warm weather and high altitude. Now he is a national hero once again. Headlined one paper: VIREN HAS COME IN FROM THE COLD...
...hoarders and speculators, gold lately has had about as much luster as a rusty tin can. In the 19 months since gold purchases became legal for U.S. citizens, the price has fallen more than 40% from its peak of $198 an ounce. In three chaotic days of trading last week, gold fell $14 on the London market, reaching a 31-month low of $105.50 an ounce. Though the price recovered to $111 by week's end, that is still a dismal figure for goldbugs, who not long ago were forecasting prices of $300 or more...
...build new factories or order new machinery until rising demand puts back into use existing capacity that had been idled by recession. But the current drag in business spending has lasted longer and has been more pronounced than usual. Measured even in current dollars, capital spending fell from a peak annual rate of $116.2 billion in the fourth quarter of 1974 to $111.8 billion at the end of last year, and recovered in the first quarter of 1976 only to $114.7 billion. Measured in dollars of the same purchasing power as in early 1974, the drop has been much sharper...