Word: unrested
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...spring 1972, three years after a student takeover of University Hall jolted Harvard into the age of campus unrest, a group of black students from Harvard-Radcliffe Afro and the Pan-African Liberation Committee took over Mass. Hall, headquarters of the central administration. Demanding that the University sell its investments with Gulf Oil Corp., which allegedly aided the Portuguese government fighting rebels in Angola, the students stayed in the building for six days before finally leaving...
...refloating Russia's stricken banking system is the financial equivalent of a recovering alcoholic's "just one drink." "Once you start printing money, it's very tempting to keep printing more because you need to pay unpaid wages," says TIME Moscow bureau chief Paul Quinn-Judge. "Fear of social unrest, which will grow if the government is seen to be bailing out the banks but not paying wages, adds to the pressure to print more...
...student-initiated," says GeneMcAfee, the senior tutor in Lowell House. "I don'thear a whole lot of unrest. It may be there, butwe have no access to it unless it becomes moreovert...
...value of the ruble halved. Banks are tottering and closing, and the Moscow stock market has all but evaporated. The crash has shaken investors and governments around the world. But in Russia, home of the stolid and the depoliticized, the streets are calm and there is no sign of unrest. Russians are nervous and ask one another what is going to happen, but the only visible reaction is at the banks, where the relatively few citizens who trusted other people with their money have formed slow-moving and sometimes unruly lines. For the most part, ordinary people seem not merely...
...hyperinflation. "Things are going to get worse before they get better," says Robert Froehlich, chief investment strategist at Scudder Kemper Investments. "When you have a devaluation, the next thing that happens is the economy slows down [further], and then the final thing is that you tend to have social unrest. So it's sort of a roadmap." And while all this may mean a mediocre year for Druckenmiller and friends, it most likely means a hellish year for Russia...