Word: boom
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Dates: during 1990-1999
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...long this boom-and-bust cycle has been operating, no one really knows. Finding out might seem to be a hopeless task, considering that the phenomenon was discovered only about a century ago by Peruvian fishermen. (It was they who called it El Nino, the Spanish name for the Christ child whose December birthday marks its peak.) But last fall, Columbia University oceanographer Richard Fairbanks was floating in the equatorial Pacific gathering data that could tell researchers about El Ninos going back thousands of years. Working aboard the research vessel Moana Wave, Fairbanks spent weeks at El Nino's very...
...like a challenge to our yankee ingenuity. In the old days we would have had to invent some new spindle for the textile factories of Lowell, Mass. Nowadays, we just have to spin a good yarn, go hunting in the archives of one of the old city libraries and boom, we're in the money...
Knowles cautioned the council in his letter to "avoid the impulsive enjoyment of a boom that will only produce a bust in future years...
...depths of the special period, the country had almost no petroleum, electricity, food, transport or production. Today Havana blooms with chicly renovated hotels, neon signs, crowded restaurants and nightclubs. The U.S. dollar has swallowed the Cuban peso. Farmer's markets and mom-and-pop entrepreneurs fuel a production boom of sorts. Cars outnumber bicycles again in Havana, and many of them are 1990s Nissans, not 1950s Chevys. Foreign investors not only share ownership of new projects but also own some outright and ship much of their profits home. Modern telecommunications have replaced worn-out phones, and shops and markets offer...
...boom is being fueled largely by two relatively new corporate players: the Walt Disney Co., which has two shows pulling in the family audience (Beauty and the Beast and The Lion King); and Livent Inc., the Canadian company run by impresario Garth Drabinsky that has produced Ragtime along with such crowd pleasers as Barrymore and the hit revival of Show Boat. Both companies have brought fresh ideas--economic and artistic--to Broadway as well as deep pockets: The Lion King cost a reported $20 million to mount, a Broadway record; Ragtime came in for about half that, but Drabinsky...