Word: specters
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Dates: during 1970-1979
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...dark vision haunts Western Europe these days-the specter of economic decline. Even before the Arabs unleashed their oil weapon, the anti-inflationary measures of European governments, widespread uncertainty about the future and political and labor unrest were combining to slow the rate of growth. What can Europe expect in 1974, which will be a year of rising energy costs and possibly of continuing scarcities...
...economic crisis, created by the energy shortage, has only grown worse. As Japan Times Editor Masaru Ogawa brooded editorially, it may turn out that "the Japanese economic giant has only feet of clay." Moreover, the political repercussions threaten to engulf Tanaka himself, and even raise the worrisome specter of a resurgence of Japanese nationalism...
More threatening to the President, however, is the specter of impeachment. Nixon's actions almost certainly killed chances of a quick confirmation by the Congress of House Republican Leader Gerald Ford as Vice President. The appointment had been seen by many as another attempt by Nixon to placate the Congress by elevating one of its own. Now the Senate would almost certainly delay, waiting for a determination of Nixon's own fate...
Arab Blackmail. Israel was concerned not so much with the closing of the Schönau camp as with the fact that the terrorists had extracted the pledge at the point of a gun. If other governments followed suit, Israel would soon be vulnerable to Arab blackmail. The specter arose of governments around the world bowing to the most outrageous terrorist demands, such as refusing landing rights to Israeli jetliners or the cutting off of trade...
...were plagued with labor strife, are functioning smoothly again. The junta has also announced its interest in negotiating with foreigners to lure badly needed investments to the country. Striking truckers are back at work, and food and other staples are beginning to flow into the major cities. Despite the specter of night arrests and secret executions, daytime life in Chile is gradually returning to its familiar rhythms...