Word: winterizer
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Dates: during 1980-1989
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Atlanta-based Correspondent B.J. Phillips, a member of the TIME contingent that covered the Winter Games in Sarajevo as well as the 1980 Winter Games at Lake Placid, marveled at the resilience of the American athletes, particularly the gymnasts. "It was old home week for me in Pauley Pavilion," says Phillips, who has been following U.S. gymnastic progress since the 1979 World Championships in Fort Worth. "It was all the more bittersweet because I had gone to Moscow to cover the 1980 Games they could not attend. After the men's team victory, I talked to Bart Conner. There...
...these former athletes, the Olympics afford a return to public attention. For ABC reporters, the spotlight can make or break careers. Anchor Jim McKay, 62, who became the voice of the Olympics at Munich in 1972, still appears earnest and unflappable, but as at Sarajevo last winter, he seems a bit weary. A typical snatch of McKay's sometimes repetitive prose: "This could be a historic night in the history of men's gymnastics." Among his potential successors, Jim Lampley comes across as better informed and shrewder than he was at Sarajevo, but the most natural and adroit...
...mild winter, and lately the rain has been steady in key western areas. In addition, more higher-yielding winter wheat was planted than in previous years, and as an incentive for farmers to raise production, the government increased the prices it pays for their grain. Nonetheless, Soviet authorities say they are preparing for another disappointing grain harvest. Trade officials in Moscow told a delegation from Western Europe earlier this summer that this year's estimated yield could fall roughly 10 million metric tons below last year's total of 190 million...
...most serious risk to Reagan's election-year economy is the possibility that the rapid growth in private credit demand and this year's projected $175 billion federal budget deficit will push up interest rates. During the late winter, the Federal Reserve Board, fearful that the rapidly expanding economy would set off new inflation, slowed the growth of the money supply slightly and helped push the prime rate that banks charge corporate customers from 11% to 13%. In testimony before Congress last week, though, Federal Reserve Chairman Paul Volcker said that in view of recent inflation reports...
...million, 60,000-sq.-ft. command center, which was built in California and shipped to Sarajevo for the Winter Olympics, has been brought back home and upgraded. Now even Kublai Khan, or George Lucas, would be overwhelmed by this pleasure dome of electronic wizardry: twelve editing rooms rather than the seven used in Sarajevo, 96 videotape recorders rather than 36, and a wall of 97 TV monitors that will carry simultaneous pictures from nearly every stadium, arena, swimming pool and open field in the area...