Word: slided
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Dates: during 1980-1989
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Nigeria's decision made it more likely that other restless members, like Abu Dhabi, will tear away, possibly leading to anarchy among OPEC members and a sharp slide in oil prices. "This has got to panic every oil-producing nation," says Lawrence Goldstein, executive vice president of the Petroleum Industry Research Foundation. "In the next few days we will find out what OPEC is made of." Most oil-industry insiders believe, though, that the group will try to avoid cutting its price, at least by much. Their shared interest in keeping world petroleum prices stable will help resolve many...
...origins of last week's oil slide reach back to midsummer. Buyers started balking at official prices at a time of continuing glut. The Saudis helped restore temporary calm by keeping their production low. As an added measure, Sheik Ahmed Zaki Yamani, the Saudi Arabian Oil Minister, jetted around the globe to such non-OPEC countries as Egypt, Malaysia and Mexico, urging those governments to restrain from giving discounts or increasing production...
...strongest indictment: colleges do not involve new students in the learning process and keep them involved. "Only half of those who enter college with the intention of receiving a bachelor's degree actually attain this goal," says the report. Furthermore, standards have been allowed to slide: "Student performance on eleven of 15 major Subject Area Tests of the Graduate Record Examinations declined between 1964 and 1982." Finally, the colleges have no consistent, reliable ways of assessing what students are learning...
...with this proposition. Four more years of uninterrupted failure both at home and abroad. On the many issues that confront a President, from the economy and civil rights to arms control and foreign diplomacy, the stakes are too high to countenance waiting until 1988 to reverse Reagan's disastrous slide...
U.A.W. leaders realized that developments like the moves abroad could mean disaster for the union. Even after seeing its membership slide by 20% over the past five years, the union figures to lose 500,000 more industry jobs by 1989 if the auto companies, led by GM, go ahead with their plans. Union leaders, therefore, decided to aim their demands for job security first...