Word: solidities
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Dates: during 1980-1989
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...form of official blackmail, the Pretoria government has been threatening to take reprisals against its black neighboring countries if sanctions get too severe. It is in a solid position to do so. Nearly all foreign trade for Botswana, Lesotho and Swaziland passes through South Africa, as well as 90% of Zimbabwe's. Some 350,000 foreign workers are legally employed in South Africa, almost 85% of them in mining, and they could be fired. Many of its neighbors are dependent on South Africa for electricity, which could be cut. Pretoria, however, rarely mentions the benefits it gains from these relations...
None of these triumphs has yet produced a solid profit for the News. Despite McClatchy's first-ever monthly profit, in May, the paper will probably end the year in the red. The Times's publisher, Robert Atwood, 79, says that he is far from abandoning the war. "We're in a position to buy them out and relieve them of their losses," he says. But more quietly, Atwood offers a notion that seven short years ago would have been unthinkable: the Times might contemplate a joint operating agreement with the News. "I guess McClatchy's pockets are deeper than...
Investigators say the accident occurred when ajoint in a solid rocket booster failed and causedsuperheated gases to burn through the externalfuel tank containing liquid hydrogen and liquidoxygen, triggering the explosion...
Accusing NASA of negligence, the suit charges that its officials "knew or should have known that the segments of the right-hand solid rocket booster would not properly seal and that a catastrophic accident would likely occur." It also claims that in the seconds before flames from the leaking booster blew up the shuttle's main tank, Challenger Pilot Smith "knew of his impending death...
Banks and Big Steel. It takes a lot of turmoil to shake these once sturdy pillars of U.S. business. But in the past few years, plenty of trouble has come along to torment some of the most rock-solid names in each of those industries. Economic upheavals ranging from the oil-price slump to the glut of imported steel have forced giant banking and steel corporations to make dramatic adjustments to survive. Unfortunately, not all of them are going to make it. That became painfully clear last week, when the strains of economic change finally caught up with several companies...