Word: soaring
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...federal aid they have come-in a stampede. They have made such a run on the SBA farm loans that administrators who once budgeted their largesse at $750 million have had to go back to Congress and ask for $1.4 billion more-and the demand is expected to soar to $4.6 billion by next August. The SBA program itself faces ruin...
...conservative Likud coalition correctly argued that Israel was overdue for an economic cold-water treatment of some sort. In the wake of the 1973 war, Jerusalem's annual balance of payments deficit has ballooned from about $1 billion to $2.6 billion this year, causing total foreign indebtedness to soar to more than $10 billion. Meanwhile, an alarming rise in inflation (40% this year alone) has slowed real economic growth, from a 10% annual average to zero in 1977. Any thought of engineering a turnaround by expanding the Labor Party's elaborate, 29-year-old system of export subsidies...
...long as terrorism remains what N.Y.U. Professor of Government Mark Roelofs calls "a popular form of ultimate protest," free societies that choose to remain free will be subject to the risks and fears of violence. Indeed, the potential for evil will soar if terrorists get their hands on new biological, chemical and radiological?to say nothing of nuclear?arms with which to frighten the innocent. Warns Laqueur: "In ten or fifteen years, terrorists will have the weapons of superviolence; then perhaps even a single person will be able to blackmail an entire town, district or country." To combat tomorrow...
...transported in sealed containers to a burial site in the Nevada desert. The task will take another year to complete and will cost about $8 million. To pull down an average-size commercial reactor today could conceivably cost as much as $100 million, and that cost is likely to soar in the years ahead...
Earlier this year, as the economic recovery picked up momentum, some savvy Wall Street professionals were predicting that stock prices would zoom and the Dow Jones industrial average would easily soar beyond the peak of 1,051.70 it reached in 1973. So much for savvy. Since January the stock averages have wobbled and worried their way down steadily. Last week the 1977 market's peevishness turned into something approaching panic, as a selling stampede slashed share values and drove the Dow down to its lowest level in 18 months...