Word: shock
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Dates: during 1990-1999
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After the shock of loss, questions arose over the lack of warning from the National Weather Service's radar and its volunteer spotter network. "We feel there should have been some warning," said Will County Executive Charles Adelman with grim understatement. Explained NWS's Chicago meteorologist Paul Dailey: "The radar did not indicate any kind of rotation, hook or comma- shaped signal on the edge of the cloud. All we needed was one person to call us, but we didn't get a single report." The Weather Service's Washington supervisors were sending a team to find...
...knows as simply as possible. There are no wild juxtapositions of the creatures of his sleeping world with the images of his waking world. They are, after all, products of the same sensibility. The rhythms of his editing and his staging are serene -- hypnotically so. His is not to shock us into surrendering to his visions but to seduce our consent to them. And this he does in one of the most lucid dreamworks ever placed on film...
...near hysteria to mere anxiety. War could still erupt in the Persian Gulf; oil prices could remain relatively high. Yet for the moment it appears that ahead lies not a global depression of historic proportions but an old- fashioned recession -- painful, though probably not fatal. Saddam Hussein's oil shock has not destroyed the foundations of the world economy, but it has exposed serious weaknesses in the beams...
EUROPE AND THE SOVIET UNION. Partly because the European Community relies on oil for only 40% of its energy needs today, vs. 60% during the oil shock of 1973, most West European economies are on relatively solid ground. None are more robust than West Germany's, which is expected to grow 4% this year, despite the financial burdens of unification. More remarkably, a united German economy should still expand 3.5% in 1991, predicts Peter Pietsch, an economist at Frankfurt's Commerzbank. Bonn has been bolstered by a strong deutsche mark, which this year has gained 8% in value against...
Everybody says OPEC will never fully recover from the Saddam Shock. But that is not good enough. Whatever we are fighting for, it is surely not so that the oil ministers of Iran, Iraq, Saudi Arabia and Kuwait can once again drink tea together around a conference table. There should be a new understanding that all efforts to allocate production and set prices for oil are an affront to both the values and the interests of the U.S. During the first oil crisis in 1973, people who urged an occupation of the oil fields to end the oil gouge were...