Word: steep
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...sleepy collection of adobe buildings around a dusty main square, the Salvadoran village of Osicala stretches across a steep hillside in the northeastern department of Morazdn, only about ten miles from the Honduran border. Defended by the Salvadoran security forces, Osicala was briefly seized by the insurgents last May, and has suffered three major assaults since; sporadic fighting is an almost daily occurrence. The report of TIME's Caribbean bureau chief, William McWhirter...
...industry's infrastructure has seriously eroded. Hundreds of small foundries that made vital metal castings have gone bankrupt or have been forced to close by the Environmental Protection Agency (for excessive dust, smoke and chemical byproducts). Traditional smokestack industries such as steel and rubber have gone into a steep decline, losing their customers and even entire markets to more efficient overseas competitors...
...shareholders, the initials PG&E stand for Pacific Gas & Electric, the largest U.S. commercial supplier of electricity. But more and more of the California utility's customers prefer "Piggish, Greedy and Egotistic" instead. In recent months residents from Oregon to the Mexican border have been hit with unimaginably steep jumps in their electric bills...
...leave room for a drop in rates that would help many more people than it would hurt. Yet it would be most unwise to bet on such a chancy prospect. For one thing, uncertainties over the size of the federal deficit are themselves acting as a prop against steep rate declines. Adding "off-budget" financing by federal credit agencies to the stated deficit, the Federal Government borrows about 35% of all the lendable funds in the country. Henry Kaufman, chief economist of the investment banking firm of Salomon Bros., predicts that as a rising deficit bumps up against the borrowing...
...passions meet in a 120-year-old technique called telemarking-a turn of great difficulty-which offers balance to the free-heeled skier. One ski is extended beyond the other until the skier is crouching. The rear ski rudders the front one into the turns necessary for steep downhill flights. One aficionado calls it "genuflecting on the run." A new generation of skis, slightly wider than the usual touring model and metal-edged for downhill curve cutting, is doing a brisk business in sports shops. Telemarking classes have become standard fare at the larger touring centers. There are even...