Word: shrank
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...iconoclastic biography is as one-sided as a lawyer's brief, but the evidence of European disdain for the conquered Eden and its inhabitants is hard to challenge. Between 1492 and 1514, as a result of disease and accumulated atrocities, the native Taino population on the island of Hispaniola shrank from an estimated 8 million to 28,000. By 1560 the Taino were extinct...
Statistics released last week show the U.S. trade picture brightening considerably. The current-account deficit, the trade figure that is most closely watched because it measures transactions in services as well as goods, shrank 14% during the first three months of the year, to $22.9 billion, the smallest quarterly gap in six years. In a separate report, the merchandise trade deficit in April fell 17%, to $6.9 billion, its second best showing in six years. At this pace, the gap for the year as a whole could fall below $100 million for the first time since...
Another source of concern among the Japanese is the increasing tension in negotiations aimed at closing the trade imbalance between the U.S. and Japan. While Tokyo's global merchandise trade surplus shrank from a peak of $96.4 billion in 1987 to $77.1 billion in 1989, much of that decline came from increased trade with European and Asian countries. Despite Japan's increasing imports of American products, the U.S. trade deficit with Japan has remained largely unchanged, stuck at the current level, around $50 billion...
Although most of the 220,000 Armenians living in Baku fled after the 1988 pogrom in Sumgait, up to 20,000 Armenians still remained. But even as their numbers shrank, Azerbaijani refugees flooded the city. Most of them were unemployed farmers and goatherds who claimed they had been chased from Armenia. These 130,000 new Azerbaijani settlers transformed the once cosmopolitan capital into a city ringed with slums and squatter districts. Their simmering rage against the Armenians triggered the riots that led to last week's battles...
...launched a series of layoffs after the 1987 crash and the Massachusetts minicomputer industry went into a spin. The double whammy left the region with a glut of unsold houses and banks with billion- dollar portfolios of bad loans. The Massachusetts economy, which grew more than 7% in 1984, shrank about 1% last year...