Word: welling
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Dates: during 1980-1989
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...findings were hardly encouraging. The Ursus tractor plant outside Warsaw, which once supplied farm equipment for the entire East bloc, was operating at only a fraction of its capacity. At the OMIG electronics factory, the building was crumbling and the technology 25 years old. "The Poles are doing very well with the tools they have," said Robert Galvin, chairman of Motorola. "But to be competitive they need entirely new operations...
...because the Government decided to accept the lower offer even before the bids were opened (mistake No. 2). One bumbled sale a real estate depression does not make. But if it's happening in my neighborhood, you have to wonder whether it won't be happening in others as well...
Rising home prices may not pay for Junior's education or Senior's retirement. Some real money may need to be set aside as well...
...Well, maybe not big Senior Baseball business. The eight S.P.B.A. owners, each of whom staked a reported $850,000 for the first season, are not expecting quick profits. With some games attracting as few as 100 paying customers, a team or two may fold before the scheduled February play-offs. The players, whose salaries average $23,000, won't get rich either. But what they want is to prove, to themselves and others, that there is life after Fan Appreciation Day. "Hell," says ex-Yankee Graig Nettles in the S.P.B.A. yearbook, "if I can stay in baseball, I may never...
...than just applauding what he has done, let us examine why. When Gorbachev came to power he found he was presiding over a military superpower and a Third World economic power. His clients in Cuba, Viet Nam, Ethiopia, Angola and Nicaragua required huge subsidies. Afghanistan was costing lives as well as money. In Eastern Europe the explosive forces of dissent were building dangerously. The stagnant Soviet economy was falling further and further behind the West. Gorbachev's only option was to reform at home and retrench abroad...