Word: spiral
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Dates: during 1960-1969
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...spiral of hostility, the proliferation of nuclear weapons, and the hazards of the arms race...
...wage line, the President thought that he had an unspoken promise from Blough to hold the price line. But Kennedy, like Blough, based his case on the exigencies of the world market. A price rise in steel. Kennedy told the nation on TV. would set off another U.S. "inflationary spiral'' that "would make it more difficult to withstand competition from foreign imports, and thus far more difficult to improve our balance-of-payments position and stem the outflow of gold...
...wage spiral has pushed up Germany's export prices. So did last year's revaluation of the Deutsche mark, which made it 5% more expensive for foreigners to buy German goods and 5% cheaper for Germans to buy foreign goods. As a result, German imports have risen 12% in 1962, while exports have leveled off. In the first half of this year, West Germany ran a payments deficit of $92.5 million...
...diffraction, which produces enigmatic pictures than can be interpreted to show the structure of invisible molecules. Wilkins made the pictures of DNA himself; Watson and Crick interpreted X-ray pictures made by others, some by Wilkins. Both groups came to similar conclusions: that the DNA molecule is a spiral (as Pauling said), but that it is a double spiral, like a winding staircase with steps made of submolecules (nucleotides) arranged in pairs...
Both Marjolin and Jacobsson believe that right action can counter a descending economic spiral. Jacobsson believes that the great task of his final year as IMF chief will be to persuade the governments of all industrial nations to adopt in concert policies to encourage business expansion-notably stepped-up government spending and easy-money interest rates. The Times of London last week voiced the fear that without such a coordinated drive, "the European economy may slow down at the same time as the American"-a coincidence of events that has not occurred since the Great Depression...