Word: term
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Dates: during 1970-1979
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...selling pressure on the New York Stock Exchange that trading had to be briefly halted. Only later was it learned that the irresponsible threat was probably inspired by nothing more than pique. Earlier in June, a U.S. State Department mission had turned down a Libyan offer for a long-term supply of petroleum in return for a U.S. Government pledge to cut off arms sales to Gaddafi's much feared Egyptian opponent, Anwar Sadat...
Like college students with term papers due, U.S. Supreme Court Justices begin to churn out opinions at a fast clip as the court's October-to-June term draws to an end. Their most notable decisions last week...
...takeover could be highly beneficial for Chrysler, which is struggling under a $50.6 million short-term debt. The company urgently needs infusions of fresh capital to modernize old plants and increase its output of small gas-sipping models. But a Chrysler deal would make little sense for Volkswagen, which has just regained its old momentum after a long period of drift, during which Japanese automakers zipped past it in many major markets. Detroit executives point out that Volkswagen, which is the most firmly established foreign automaker in the U.S., does not need Chrysler's dealer network or antiquated plants...
...president is Adrian Rogers, 48, pastor of an 11,000-member Memphis church and uncompromising champion of biblical "inerrancy." The term means that the Bible's every word was God-inspired, so that as originally written the books were error-free in every detail. The standard summary of Southern Baptist verities, the 1925 "Baptist Faith and Message," declares that the Bible "has God for its author, salvation for its end, and truth, without any mixture of error, for its matter...
...whimsy at fictitious Beacham University, a liberal arts college with a hundred-year tradition of the second-rate. Its off-centerpiece, Billy Williams, literally starts off on the wrong foot by stepping on the college master's dachshund at a cocktail party. He writes a term paper on the Iliad titled "The Shoes of the Greeks," falls for a coed named Zizi Zanzibar and takes Chinese so he can know "something hardly anyone else knew, except for several hundred million Chinese people." Woody Allen would recognize the type...