Word: covetousness
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...developing nations have gone deeper into debt in recent years, the IMF has become a major target of their hostility. They covet its money, but fear the consequences of borrowing it. Argentina, for example, desperately needs $2.1 billion in IMF credits. But in return for the money, the fund insists on a range of tightfisted economic policies that could shatter the country's brittle new democracy. Two weeks ago, Argentine President Raúl Alfonsín bypassed fund negotiators and appealed directly to IMF Managing Director Jacques de Larosière for more lenient terms. Yet neither Alfons...
That sort of ego massage may have been what Baker had in mind when he issued a tepid "no comment" instead of hotly denying the baseball commission story. In the past, Baker tried hard to squelch rumors that he would run for a Senate seat. However, he did covet William Clark's post as National Security Adviser, and had persuaded Reagan to appoint him as Clark's successor until Presidential Counsellor Ed Meese and other hard-liners sabotaged his bid. His pique and frustration may have made him receptive to job offers. "The fact that Baker...
...High-power politicians and high-minded evangelicals have a fascination for each other that more often than not gets them both into trouble. Thou shall not covet thy neighbor's constituency, but they do. Because they have such large followings, they find the temptation too great. Pols and preachers can't seem to stay away from each other...
...memory was particularly strong at the Condé Nast company; it is the nation's sixth largest magazine group (1982 advertising revenues: $180 million), and has been a leader in an industry-wide trend toward seeking the affluent, educated readers whom advertisers covet. Condé Nast is noted primarily for magazines about fashion and fitness (Vogue, Gentlemen's Quarterly, Self), but company executives believed that a cultural magazine could have even greater appeal "upscale" and invested as much as $15 million to develop the idea. Next week 732,000 copies of the first Vanity Fair in 47 years...
However depressed the colony may be for the moment, Hong Kong's riches are a prize that others covet. Like heirs surrounding a millionaire's deathbed, several countries have launched efforts to gather the spoils that might flow from Hong Kong's demise. In different ways, Taiwan, Thailand, the Philippines and Singapore are all hoping to scoop up some of the estimated $20 billion in capital that could flee Hong Kong before 1997 if the question is not settled...