Word: slump
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...effort to assuage U.S. concern about the Reagan visit. From Marcos' viewpoint, the visit is essential. The Philippines, like many other Third World nations, is deeply in debt to Western banks. Aquino's murder and the subsequent unrest came at a time of sharp economic slump and widespread rumors that Marcos is seriously ill. The result has been a palpable case of nerves among Manila's Western creditors. If Reagan were to take Manila off his itinerary, said Marcos, "it would be a blow to the country, because we have a ticklish monetary situation...
...years is bound to keep interest rates and the dollar's exchange rate high. While the economy will most likely continue to grow through the next couple of years, the deficit is undoubtedly increasing the risk that the recovery will run out of steam." He warned that another slump might come as early...
Leftfielder Tim Raines leads the league with 73 steals, but Slugger Andre Dawson (.306) has been in and out of the lineup with a knee problem. Says Third Baseman Tim Wallach, who recently emerged from a batting slump: "Now it's not just a star or two, but nine players every day." The real pressures are mental, claims Virdon, who declared a double victory last week even before the war was over. Said he: "We've managed to stay on top and retain our sanity." Virdon spoke too soon; his team immediately dropped back to third by losing...
...quickly developing into the Crimson's brightest new star and forward Andy Mainelli, the locals controlled the remainder of the game. Picking up loose ground balls and providing plenty of work for UNH goalie Robin Balducci, the Crimson seemed ready to break out of its early-season scoring slump...
...only substantial weak spot remaining for semiconductor manufacturers is in sales of ROM (for read-only memory) chips, which are commonly used in video games. The chipmakers are stuck with huge inventories of ROMs because of the slump in games sales...