Word: rising
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Dates: during 1980-1989
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...closed societies of Eastern Europe, even a modest rise in expectations can be as explosive as leaking gas fumes. Last week strikes, protests and demonstrations erupted in an arc of unrest that ranged from the Soviet Union's restless Baltic republics to Poland, Czechoslovakia and Hungary. The immediate provocation for most of the popular outbursts was worsening economic deprivation. But on a deeper level, frustrated East Europeans were prodded into action by Soviet Leader Mikhail Gorbachev's tantalizing vision of a reformed and freer model of Communism. The protests also underscored a generational shift to younger activists, whose hopes...
...Hunts attributed the price rise to such events as the hostage crisis in Iran and the Soviet invasion of Afghanistan. But plaintiffs in the trial accused them of conspiring with several Middle Eastern investors to create a monopoly. The bubble burst in January 1980, dropping silver's price to $10.80 in about two months. The Hunts lost approximately $1.3 billion, and many investors lost millions...
...when the FDIC's hemorrhaging will stop. Almost 1,500, or roughly 11%, of the 13,700 commercial banks in the U.S. are still on the agency's list of troubled institutions. Many of these banks are already doomed, and hundreds of others could be sunk by a continued rise in interest rates, which means they would have to pay more to depositors...
...work force, the figures also indicated that the economy had created 283,000 jobs in the month, a sign of strong growth. One other worrisome sign appeared last week, when the Government reported that wholesale prices rose at an annual rate of 5.7% in July, up from a 2.2% rise...
Many economists share the Fed's view that inflationary pressures are building. Paul Getman, director of financial services at the WEFA Group, an economic-consulting firm based in Bala-Cynwyd, Pa., predicts that within the next six months consumer prices will rise by as much as a 6% annual rate, compared with last year's 4.4%. But others voice concern that the hike in the discount rate could damage the economy. Democratic Senator James Sasser of Tennessee is concerned that higher interest rates could strengthen the dollar and widen the trade deficit. A rising dollar tends to make U.S. exports...