Word: seconds
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Dates: during 1970-1979
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Advice for NATO-and a warning to Hua's critics back home On a dingy street in a working-class arrondissement of Paris, French President Valery Giscard d'Estaing, Mayor Jacques Chirac and China's Chairman and Premier Hua Guofeng (Hua Kuo-feng) climbed to the second floor of the newly repainted Hotel de Godefroy. There they peered briefly into Room 16, where nearly 60 years ago the late Chou En-lai met with fellow Chinese students to thrash out many of the ideas that led eventually to the Communist takeover of the world's most...
Last week the Commerce Department reported that the nation's output of goods and services, which had declined at an annual rate of 2.3% in the second quarter, actually rose again by 2.4% in the July-September period. Since a recession is commonly defined as two consecutive quarters of economic decline, it thus will be early 1980 before experts can formally announce the arrival of a textbook recession. But the latest indications of growth were deceiving and cannot endure long. The upswing was due primarily to a temporary increase in consumer spending, as people who had been kept away...
...siege. Broker Jonas Ottens, 78, then an odd-lot order clerk with Salomon Bros., recalls being pressed into service to telephone customers to tell them that their margined stocks were to be sold off unless they put up more money. "The first call was routine," he remembers. "But the second man acted so upset that I thought he was going to go out and kill himself. I just refused to make any more calls...
Mickey Rooney gets his second chance in Sugar Babies
...orbit. Rarely has so much energy been packed into so small a package. Rooney dances, he sings, he mugs, he dresses in drag. Even when he's offstage, he's on, and his raucous laugh can be heard from the wings. "Seldom does a person get a second chance in life," he says. "Up until Sugar Babies, Mickey Rooney was a famous has-been...