Word: rumoring
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...situation was so grave that the familiar script of revolving-door governments had a surprising variation this time. After the parties that made up the center-left government of Premier Mariano Rumor-Socialists, Social Democrats and Rumor's own Christian Democrats-were unable to agree on economic remedies, the Premier, following tradition, offered his resignation to President Giovanni Leone. But Leone refused to let Rumor give up so easily. The situation was too grave for change, he insisted. Leone thus ordered Rumor, "in the superior interest of the country," to try to form a new government...
...Rumor's government faltered over a dispute about the timing of a possible relaxation on credit restrictions. The Christian Democrats wanted to hold down credit until tax revenues rose substantially. Their coalition partner, the Socialists, argued that tight credit would strangle small business and spiral unemployment up from its present 3% to possibly...
Impossible Job. At week's end Rumor accepted President Leone's mandate and set about trying to salvage a workable government that could pull the country out of its economic morass. Some cynics insisted that his job had actually been made easier: Leone's call was proof that no other Italian politician cared to challenge Rumor for an impossible job. Others suggested that if worse came to worst, Rumor could fall back on the old remedy for recurring summertime crises by forming a balneare (seaside) government that could run the country until the vacation season ended...
...last fall, when a similar rumor travelled the academic grapevine, Leontief had no doubts that this time the prize was his. He was the only department member with a Russian name, and his widely used input-output theorem had long been considered worthy of the $120,000 cash prize...
...referendum vote was a disaster for the neo-Fascists and a major setback for the church-backed Christian Democrats. The election results will likely weaken the already fragile two-month-old coalition government (Italy's 36th since the war) headed by Christian Democratic Premier Mariano Rumor. Though Rumor himself kept clear of the referendum, he will now be susceptible to pressures from his Socialist coalition partners. They might try to exploit their victory on divorce-the 1970 law was proposed by Socialist Deputy Loris Fortuna-by demanding more low-cost housing, better schools and hospitals, and increased investment...