Word: wave
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...Merger Wave...
...symbol of peace-loving American people at odds with the policies of their Government. In the U.S.S.R., a diamond, a flower, a street, a poem and a book have already been named in her honor. Now comes a Samantha Smith stamp, worth 5 kopecks, or about 7.5¢. The wave of official adoration sweeping the Soviet Union shows no sign of abating. Schoolchildren in Tashkent have formed an international friendship club and set up a museum in her memory, and students from more than 100 Soviet schools competed for the chance to have their school renamed Samantha Smith...
...travel, once an expensive way to go, is now discounted almost as fiercely as videocassette recorders and used cars. A new fleet of cut-rate carriers, launched over the past seven years by a wave of airline deregulation, has entered the big time by offering startlingly cheap fares from coast to coast and on hundreds of routes in between. The bargain tariffs have encouraged more people to take more flights to more places than at any other time in history. This week that wanderlust will receive another huge boost when a new round of fare wars erupts among the airlines...
...proposals are certain to run into trouble when they reach Congress. There has been growing public concern that the merger wave has already gone too far, and that sentiment is likely to be reflected among legislators. Peter Rodino, a New Jersey Democrat and chairman of the House Judiciary Committee, predicted last week that his panel will not support "substantial or precipitous changes in the antitrust laws." The overhaul should receive a warmer greeting in the Senate, where South Carolina Republican Strom Thurmond, who heads the Judiciary Committee, plans to give it careful consideration. An aide described Thurmond as a longtime...
After coming to office in 1981 on a wave of popular support, the Socialists were expected to change everything for the better--fast. It was thus inevitable that the public would be disappointed. The government immediately undertook a bold expansionist economic program aimed at speeding up growth. The main result, though, was three devaluations of the franc. In 1982 the government switched to an austerity program that resulted in lower inflation but also a sharp increase in unemployment. While that policy soothed many furrowed brows, the Socialists were stuck with a reputation for erratic leadership...