Word: wake
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Dates: during 1970-1979
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...bank for central banks, issued a blunt report that faulted British authorities for their "not very successful" attempt to cope "with a situation deteriorating on several fronts at once." The infectious gloom of the Basel moneymen spread to the London stockmarket, killing any hopes for an upsurge in the wake of the pro-Market landslide. The day after the B.I.S. report was issued, there was a rush of Arab petrodollars out of London and the pound fell to a record low, 25.9% below the Smithsonian-agreement level of 1971. Meanwhile, new figures published last week showed that investment in manufacturing...
...wake of the recent European tour, however, most European leaders feel confident that Ford, as a British diplomat put it, "is growing into his job." Schmidt indicated that he was delighted with Ford's display of real leadership. Remarked a senior Bonn official: "We now think Ford knows where he is going, even if he isn't quite sure...
...there a feeling in Europe that in the wake of events in Southeast Asia, the U.S. word is distrusted...
...troops stationed in South Korea as a symbol of Washington's intention to honor its 1953 defense treaty with Seoul. The treaty pledges that if South Korea is attacked, the U.S. will come to its aid "in accordance with its [U.S.] constitutional processes." Nonetheless, in the wake of the Communist victories in Indochina, Seoul is nervous about American reliability. "We hope the U.S. will demonstrate by deeds its firm determination not to commit the same failures in the Korean peninsula as it did in the Indochina peninsula," said a recent National Assembly resolution. A Harris poll late last year...
...water. Saturday afternoon, in New London, Conn., was a case in point. Parker's varsity eight flexed its cars shortly into the start of the 110th Harvard-Yale race and cruised up the Thames River, leaving the hapless Elis splashing it out some 11 lengths behind in a furious wake...