Word: willingly
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Dates: during 1970-1979
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But all this has yet to make an impact on the Turkish public. Nearly all export earnings go for petroleum and fertilizers, leaving the vast state-owned industries without spare parts. The result: lower production and more unemployment. Says a State Department specialist in Turkish affairs: "We just hope that...
The coup d'etat that unseated Romero as President last week was greeted with unabashed enthusiasm in Washington. "It's the best piece of news we've had in this office for a long time," said a State Department official. Well aware that Romero was out of...
"The state has the legitimate right of self-defense. We will allow political dissent but not delinquency." At week's end the terrorists announced that they would halt their offensive, but renew it if the new government failed to deliver on its promised reforms.
Last week the Commerce Department reported that the nation's output of goods and services, which had declined at an annual rate of 2.3% in the second quarter, actually rose again by 2.4% in the July-September period. Since a recession is commonly defined as two consecutive quarters of...
Economists believe that the nation's business will decline again this fall. Nonetheless, signs of continued economic vigor abound. Homebuilding, which is usually hit hard by high interest rates, remains strong; housing starts actually rose by 4.2% in September, to an annual rate of 1.9 million. At the same...