Word: setbacks
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Dates: during 1980-1989
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...records: the extent of the Liberal Democratic victory was unprecedented in the party's 31 years of continuous rule. The L.D.P. candidates won a majority of 304 out of 512 seats in the lower house of parliament, an increase of more than 50, while the smaller opposition parties suffered setback after setback. In the upper house too the L.D.P. gained eleven seats, giving it a total of 142 in the 252-member chamber...
...four trading days. The Dow is now more than 350 points higher than it was at the start of the year. Main reason for recent gains: investors foresee further declines in interest rates. Robert Farrell, chief market analyst at Merrill Lynch, expects that stocks will suffer a temporary setback in the coming months, but he says that the Dow may hit 2500 before the birth of the next bear market...
...Despite this setback, I still strongly favor the project," Law School Dean James Vorenberg '49 wrote to all faculty members in a memorandum announcing Tribe's resignation...
...interview with TIME, Burr clarified his position, declaring that "it's not really my intention to sell the whole airline. First we'll sell some assets and cut our costs." He added, "We've been tested before. We'll find a way to deal with this setback too." The stock market, however, ( remained skeptical. People stock, which had been trading fitfully in the $9 range since January, was pummeled in the past two weeks on Wall Street down as low as $4.88. Five days after Burr's announcement, People shares closed at only $6.75. There was considerable irony...
...defeat of the amendment means that the Irish Republic is one of only a handful of countries in the world where divorce is still illegal. Malta and the Philippines are others. The setback weakens FitzGerald's chances of re- election in 1987. Though the opposition Fianna Fail party remained neutral on the referendum, it made clear its opposition to the amendment. The Prime Minister's failure to legalize divorce could thus hasten his departure from power...