Word: retreatant
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Dates: during 1990-1999
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Accountants won't be the only ones who will pay, say analysts. As large firms retreat -- the Big Six currently handle the audits of 90% of FORTUNE 500 companies -- industries that require the most careful audits could be left without accountants or with lower-quality auditors. "Financial markets could grind to a halt if auditors stop certifying books," warns Rick Telberg, editor of Accounting Today, a New York City newspaper. "Investors are not going to invest unless they see that stamp of approval...
UNTIL A COUPLE of weeks ago, George Bush had been in hasty retreat from his internationalist ways. With Patrick J. Buchanan bellowing all over New Hampshire for "America First" and the democrats selling "George Bush: The Anywhere But America Tour" T-shirts, the new f-word had become "foreign affairs...
President Bush, who has in the past madetelephone speeches to anti-abortion rallies, wasat the presidential retreat in Camp David, Md.Yesterday...
...French are worried that their country is failing to find a new role in the post-cold war world and that within Europe it is being overshadowed by the rise of a unified and vibrant Germany. Should they assert themselves vigorously and strive to lead the new Europe or retreat into a kind of Gallic stockade and preoccupy themselves with domestic concerns? The regional elections pointed to a distressing trend toward the second option...
...fitfully for the right word to describe what was happening. At the Bank of Japan, the nation's central bank, officials spoke of "an adjustment phase." Prime Minister Kiichi Miyazawa admitted only to "a difficult situation." The Economic Planning Agency, the government's record keeper, referred delicately to a "retreat." Then two weeks ago, for the first time since 1987, the agency dropped its boilerplate reference to the "expansion" from its closely watched Monthly Economic Report, and the word game was over. Japan's economy, the world's second largest, conceded the experts, was in recession...