Word: procession
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Dates: during 1970-1979
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...experiments because of potential dangers to the community--town-gown tensions were rubbed raw. "It's not a local problem at this point, but it could be in the future," says Robin Schmidt, vice-president for government and community affairs. Schmidt grouses: "if it gets into the political process six weeks before a local election," he says, it could impair rational consideration of the issues. City Hall observers fear that if City Council candidates get ahold of this, "all hell will break loose...
...Camp David that led to the Egyptian-Israeli peace agreement one year ago. But even as Israeli Foreign Minister Moshe Dayan and Egyptian Vice President Hoshi Mubarak lavished praise on President Carter for his role in forging the historic accord, a potential new obstacle to the glacial peace process arose. With exquisitely bad timing, the Cabinet of Premier Menachem Begin chose the eve of the agreement's first birthday to rescind a twelve-year prohibition against land acquisitions by Israeli citizens in the West Bank and Gaza...
...change in policy, said one Carter Administration specialist in Middle East affairs, "only reinforces the arguments of those who say the Israelis are not serious about the whole autonomy process...
Volck' er i za' tion, n. 1: a process of money management whereby interest rates are kept high at a time of deepening recession; 2: a reliance on tight monetary policy in order to protect the value of the dollar abroad and quell inflation at home...
...quickly hired him as vice chair man for news. A lawyer by trade, he is breezy, tough and smart - and responsible. He was disturbed when ABC made Barbara Walters an anchorwoman; he was even more offended when Arledge began hyping up ABC News - a process that reached a nadir with the tabloid-style coverage of the "Son of Sam" murder case in 1977. Unable to match Cronkite's authority and popularity, Arledge countered with the gimmickry of three anchormen, "tossing" the news from Washington to London to Chicago...