Word: peaks
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Dates: during 1980-1989
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...principle--although attacks against Israeli territory seem to fall outside his definition of terrorism. In keeping with his avowed position, Arafat wasted no time in denying that the cruise-liner hijackers had anything to do with the P.L.O. Arafat's attempt to portray himself as a peacemaker reached a peak when the Achille Lauro hijackers surrendered, seemingly as a result of pressure from P.L.O. mediators. Later, when the reports of Leon Klinghoffer's murder were confirmed, Arafat had promised that if the gunmen were turned over to the P.L.O., the organization would bring them to justice...
...album hits its peak when Reed assays the extremes of his emotional range. "Temporary Thing," with its high-pitch backbeat and religious-chant vocals, delves into Reed's usual sphere of bad relationships, bad karma, and bad moods. It isn't pleasant, but it is pure and passionate, and it leaves us with Reed's optimistic message that even the worst of things is just a temporary thing...
Such moves can cause bitterness if they are not carefully coordinated. The U.S. and six European allies last February launched a joint intervention that brought the dollar down slightly from its all-time peak. But while the Bundesbank put $4 billion into a $10 billion international fund to buy currencies, Washington supplied only $600 million. That left the Germans vulnerable to a big loss when the price of the dollar rose again this summer, lowering the value of the marks that they had bought. Now Bonn wants assurances that the U.S. will do its share to finance the current fund...
...time looked right last week to begin a devaluation campaign. At its peak in February, the dollar was selling at a far higher price than could be justified by any calculation of economic growth and inflation rates. A slow and irregular decline set in. Money traders, who were already debating how much further the dollar might fall and how fast, pounced on last Sunday's five-government announcement as a signal to start selling greenbacks immediately. In New York some traders came to work at 10 p.m. Sunday to be on hand for the opening of the Hong Kong...
...preparation. Countless people from ten agencies will be pressed into service. It could be true that the Soviets have had a few good moments lately in their pre-summit politicking, but the Americans, who invented the game, are working and waiting. Gorbachev had best be careful or he may peak too soon...