Word: sluggish
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...addition to their concerns about the sluggish West European economy, several members of the TIME board were worried about increased protectionism in world trade. Jan Tumlir, head of the economic section for the General Agreement on Tariffs and Trade in Geneva, warned that new forms of trade barriers are being established for both industrial products and raw materials. Said he: "With the exception of tropical products, some sporting goods and a few minor manufactured items, all the major areas of international trade-agriculture, steel, textiles, synthetic fibers and other petrochemical products-are already under cartel systems. The situation is politically...
Also the key to the Crimson victory were the 14 points and tough defense Lamar Flatt contributed when he came off the bench in the first half to replace a sluggish Monroe Trout at center...
...Finance Minister Wang Bingqian told the delegates that China's budget deficit for 1981 will fall to $1.6 billion, down from $8 billion last year. But heavy industrial output declined by 5% from last year. And the nation's overall growth rate was only 3%, far too sluggish for a country with an estimated per capita income of $250 annually...
Analysts are generally expecting perhaps the most sluggish Christmas since the recession of 1974, a year in which sales in real terms were actually 4.5% lower than the previous year. Said George Hanley, vice president of Manhattan's B. Altman: "It has been a long time since we have gone into Christmas with the momentum slowing. It's going the wrong way, and that's scary...
...sending out encouraging signals about their desire for progress on Camp David's more limited approach to the Palestinian problem: the Israeli-Egyptian talks on autonomy arrangements for the 1.3 million Palestinians living in the occupied West Bank and Gaza. Apparently hoping for a definite breakthrough in the sluggish talks, Begin dispatched to Cairo his four most senior Cabinet members, whom he empowered to make decisions on the spot...