Word: primed
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Dates: during 1970-1979
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Voters not only turned out in the lowest percentages since World War II (averaging 34%) but also turned their backs on the elaborate network television shows that reported the results. This year the ratings from the A.C. Nielsen Co. ranked the election coverage in the bottom third of all prime-time shows aired during that week. In New York City, for example, at least 65% of the audience preferred nonelection shows, with the heaviest share going to the rerun of Peter Sellers' 1964 movie The Pink Panther...
While Afrikaners adjusted to the shock of Mulder's resignation, Prime Minister P.W. Botha struggled desperately to prevent the scandal from spreading. Botha publicly dismissed Supreme Court Justice Anton Mostert. The jurist had conducted a one-man probe of the operation of the slush fund during the time that Mulder served as Minister of the Interior and Information under former Prime Minister John Vorster. Mostert's report produced testimony from witnesses that the Information Department had illegally financed the start of a pro-government Johannesburg daily, the Citizen, and allegations of personal abuse of the fund amounting to millions...
...still unclear whether the policy is succeeding. Money supply jumped $2.1 billion last week, wiping out more than a third of a big drop registered the week before. That means interest rates will probably have to move even higher than the 10.75% that banks now charge on "prime" loans to their best business customers?possibly above the record 12% rate of 1974. And when money growth finally does slow, bankers increasingly fear a credit crunch in which house buyers, small businesses and other would-be borrowers will find loan money not just expensive but unavailable...
Unrealistic oil production and revenue predictions, expensive delays and 100%-to-200% cost overruns at offshore platforms have led to economic crisis. Norway has greatly overspent its oil revenues. Prime Minister Odvar Nordli, whose Labor Party has governed for five years, felt it necessary to submit an austerity budget for 1979 and propose a wage-and-price freeze through the end of next year; the Norwegian parliament last week approved the freeze proposal...
...decision in 1926. In their second fight, Tunney was ahead on points when Dempsey decked him, then lost his chance to regain the title when he was slow to go to a neutral corner. Given an extra four seconds to clear his head?the famous Gene Tunney in his prime (1926) Aloof from the Damon Runyon types. "long count"?Tunney got up and outboxed Dempsey the rest of the way to save his championship...