Word: yet
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Dates: during 1970-1979
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...perhaps as much as $40 billion in 1980. Developing nations would be hurt worst, since many of them have no exports of real value to count on at all. Their debts, which already total some $300 billion, would swell by perhaps another $60 billion, requiring poor nations to borrow yet more billions...
...into a German court and attached Iran's 25% investment in two big German companies, Friedrich Krupp and Deutsche Babcock. Last Tuesday, a day after a terrorist bomb exploded outside the bank's Frankfurt office, Morgan obtained a second court lien on the same assets to cover yet a further Iranian debt. The German bankers had thought they would have first call on these assets if Iran failed to pay some of its German loans...
...range Boeings since the Airbus A310 was introduced. Among the reasons: Airbus is more fuel efficient than the 767 for trips under 500 miles and better suited to shorter European distances. Except for the planes that it sold to Eastern two years ago, Airbus has yet to crack the U.S. or Canadian market. The battleground is spreading to the Middle East and North Africa, but with an astonishing backlog of almost $20 billion in orders, Boeing is still way ahead...
Though ABC is still likely to be the ratings leader for the season as a whole, its November loss to CBS is the strongest indication yet that its era of sovereignty is over. Explains Joel Segal, a senior vice president at the Ted Bates agency: "Minus the World Series and 1978 election night, ABC is down 10%, CBS up 5% and NBC up 2%, compared with last year. This is the beginning of a three-way horse race." Since a single rating point is worth $40 million to $50 million in advertising revenue to a network, this horse race...
...Townshend, who wrote an ironic song about tour life called Romance on the Road, not yet released, is in typical fashion drawn in both directions about it. He can see through the romance like a pool, even as he dives into it. "He's perfectly capable of getting off the plane in New York and staying drunk for the entire tour," says one of his friends. A talk with Townshend at the best of times is a hopscotch game in a minefield. This is part of what he means when he says, with some melodrama and a strong measure...