Word: cashes
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Dates: during 1990-1999
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...tribes, each of whom would appear to have got nice air kisses in return. But Garry South, Davis' senior political adviser, says there's a long list of contributors who aren't very happy, beginning with the state teachers' union. The Governor's education-reform package offers a carrot--cash bonuses for teachers and schools that pump up test scores. But there's also a stick--negative teacher evaluations will be sent to local school boards...
That has the market spooked too. Foreigners have been taking the dollars they get as payment for goods and services and investing them in U.S. stocks and bonds. If the dollar continues to droop, they may be tempted to move their cash to currencies on the upswing, like the euro and, especially, the yen. That would drive the U.S. market lower. The more apocalyptic bears fear something worse. Because foreigners hold almost 40% of U.S. Treasury securities, any pullout would risk a spike in interest rates that would ultimately slaughter the bull market...
Tour operators know a good market when they see one. And grandparents, at more than 60 million strong today and expected to increase to as many as 100 million by 2010, are clearly a cash reserve waiting to be tapped. So, many travel agents now offer intergenerational packages. Helena Koenig's Grandtravel is, well, the grandmother of them all. Long ago, when Koenig was just a parent, she noticed that the most successful outings she had with her kids were the ones in which she allowed each child to invite a friend. Fourteen years ago, after launching a successful travel...
...succeed in defeating ratification, which would effectively scuttle the whole treaty and give the green light to India and Pakistan to continue their game of nuclear-test chicken. And it doesn't help the U.S. image overseas if its president is seen as writing checks his Congress won't cash...
Food still sits on the shelves. Bales of unused plastic bags hang from their dispensers, awaiting purchases to fill them. The cash registers' liquid crystal displays are still lit--but instead of recording the prices of milk and pasta salad, they read "closed...