Word: turnaround
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Dates: during 1970-1979
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...immediate problem is that there are just too many dollars in foreign hands. Last year the U.S. spent an estimated $19.5 billion more than it received in all "current account" transactions (trade in goods and services, tourist outlays, weapons exports) with foreigners, an abrupt turnaround from two years earlier, when the U.S. racked up a towering $11.6 billion surplus, caused in part by a drop in imports during the recession. The massive swing back into deficit, which began early in 1976 and has accelerated ever since, has added to a pile of dollars owned outside the U.S. that is estimated...
Duke edged Ivy champion Penn, 84-80, at Providence last night, and Villanova upset 13th-ranked Indiana on Rory Sparrow's twisting turnaround layup with 13 seconds remaining...
...Frank Konstantynowicz, a pesky guard with an Oscar-calibre ability to draw offensive fouls; forward Mark Hadley, who could be an Ivy star were it not for stone-hands; The Stabilizer, senior co-captain Gary Ackerman--and the dye was cast for a turnaround...
Marquette led, 81-79, with 1:19 left in overtime on a Butch Lee turnaround, but two Warrior turnovers, combined with two free throws and a lay-up for Miami, gave the underdogs the lead and the victory...
Bobby Allen hit three buckets down the stretch to keep the cagers within seven, but Mitchell hit a turnaround jumper to put Columbia back out ahead by 14 with 6:00 on the clock...