Word: switch
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Dates: during 1980-1989
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With hard currency in short supply, black markets are booming. In Marxist Mozambique, drivers of the People's Taxi Service will happily switch off their meters and cruise all day for payment in dollars. No wonder: the black market pays up to 1,000 Mozambican meticais to the dollar, compared with the official exchange rate of 42. "To Africa's sickness, pestilence and disease, add corruption," says Senegal's President Abdou Diouf. "It is endemic to this continent...
Abidjan firm that manufactures jeans, guesses that his company's forced switch to gas-oil generators has increased his overhead...
...included other questionable decisions. In September 1982, an obituary for Grace Kelly remained as the cover story even after hundreds of Palestinians had been massacred by Lebanese Christians in refugee camps in an Israeli-controlled section of Beirut. Broyles' explanation: he did not know he could switch covers on a Saturday, as TIME did. Last August a provocative story on the impact of acquired immune deficiency syndrome (AIDS) on the gay community was illustrated by a cover photograph of two men in an embrace...
During the second half, Harvard connected on its shots at a respectable 52 percent clip, but could never get back into the game despite the field goal improvement and a switch from zone to man-to-man defense...
...committee that designs a horse instead of a camel." Over the past decade, the Trust Company of the West has beaten the S & P 500 index by an annual average of at least 2%, but last year the company fell behind somewhat. Reason: the managers failed to switch money fast enough from high-technology shares, which were big gainers early in the bull market, to stocks in basic industries like steel that came on strong later in the rally...