Word: wars
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Dates: during 1970-1979
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...week, they fell 18%. The unsold paper, possibly $300 million worth, was dumped on the open market, where it fared badly. IBM's timing ignored a hoary Wall Street axiom: "Never commit yourself to a major issue before a long weekend. Who knows, we may be at war by Tuesday." There was no war, but the underwriters were routed nonetheless...
...years since Phnom-Penh fell to the Khmer Rouge, more than a third of the population of Cambodia, once estimated at 8 million, has perished from war, disease and the genocidal policies of the murderous Pol Pot regime. Last week, as the Vietnamese prepared for a final onslaught on sanctuaries near the Thai border used by the Pol Pot forces, Cambodia faced yet another horror: a famine. At least 2 million people are believed to be on the verge of death by starvation or disease. Many have been reduced to eating the leaves off trees, peeling the bark and boiling...
Famine is only the latest in a series of wrenching tragedies that have befallen Cambodia since it first became engulfed by the Indochina war in 1970. Following the Communist takeover by China-backed Pol Pot and his Khmer Rouge in 1975, between 2 million and 3 million Cambodians were systematically murdered or otherwise eliminated under a genocidal "purification" policy. It was aimed at destroying the educated class and creating a peasant society. Some journalists who have visited the country have seen mass graves and torture camps reminiscent of Dachau and Auschwitz...
...belief in social justice, based on the absolute value of each human life, on which there is little dispute in the American church. Such a philosophy underlies not only the Pope's stance on abortion but his attack, often in the same speeches, on racial discrimination, economic disparities, war, terrorism and "national security" as an excuse for oppression. Though a supposed contradiction between the "liberal" and "conservative" aspects of John Paul perplexed some observers last week, there is an organic connection between them. A man who has observed the survival of his church against heavy pressures in Poland...
...dissipate. Said Mike Mansfield, U.S. Ambassador to Japan: "It's been a good summer. I haven't heard the word protectionism for months." By contrast, he said, the previous two years had been "among the most difficult in the U.S.-Japanese relationship since the end of World War II." In Washington, even Congress's Joint Economic Committee stopped growling. Texas Senator Lloyd Bentsen, committee chairman, conceded that Japan, under U.S. pressure, had "begun to peel away" the cocoon of import regulations it had spun to protect its domestic industry from foreign competition...