Word: seconder
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Dates: during 1970-1979
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...soon. He wanted to give his successor time to prepare for the next election. However, last week a Fianna Fáil member raised a question in Parliament about the party's defeat in two November by-elections in Lynch's native County Cork. That was the second humiliation this year: in June, Fianna Fáil was trounced in an election of delegates to the European Parliament. These reversals came on top of a number of economic woes that also undermined Lynch: high inflation (14%), soaring interest rates (up to 20%) and a plague of strikes...
...partners in the defaulted $500 million loan, went into a German court and attached Iran's 25% investment in two big German companies, Friedrich Krupp and Deutsche Babcock. Last Tuesday, a day after a terrorist bomb exploded outside the bank's Frankfurt office, Morgan obtained a second court lien on the same assets to cover yet a further Iranian debt. The German bankers had thought they would have first call on these assets if Iran failed to pay some of its German loans...
...fact, the aerospace industry is the U.S.'s second largest exporter (after agriculture), and sales of commercial jets and spare parts make up $5 billion of the industry's $9 billion contribution to the U.S. balance of payments. Until the mid-70s, U.S. planemakers had about 80% of the commercial market in the non-Communist world. But the technological success of the Anglo-French Concorde convinced Europeans that they could become powers in mass-transport aircraft competition. The Airbus consortium of West Germany, France, Britain, Spain, The Netherlands and Belgium rolled out the economical A300 and smaller, more...
...past few seasons, television insiders have tended to talk mostly about two networks-front-running ABC and third-place NBC. Last week all that changed. After the 1979-80 season's first Nielsen sweeps, second-place CBS quietly rose to the top of the ratings. It was the first time since January 1976 that ABC had not won the network numbers game...
...last year for the re-election of Senator Dick Clark, a liberal Democrat. The day after Clark was defeated, the Register published an editorial entitled "The Best Man Lost." Says Publisher David Kruidenier, grandson of Gardner Cowles Sr.: "I now regret it. We sounded like poor losers and were second-guessing the people...