Word: cut
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Dates: during 1990-1999
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...although Hun Sen denies Cambodia is "a country of impunity," his promises to investigate and arrest the killers have come to nothing. He may not have personally ordered the killings, but some of his lieutenants are widely feared: victims have been found with eyes gouged out or hands cut off, clearly tortured before they were killed. Says Christophe Peschoux of the U.N. Human Rights office in Phnom Penh: "It is the chronic problem of Cambodia. They cannot manage conflict. Either they use intermediaries, or they reach for the gun. They cannot sit down and discuss differences...
These newbies, who have seen the 20- and 30-fold moves of stocks like Amazon and Yahoo, think the danger lies in sitting out these moves in the Pepsis and Mercks. And who is to blame them? Lately I have come to wonder whether the risk-reward parameters I cut my teeth on are as out of date as those of my parents' generation, which saw utilities as safe, conservative growth vehicles that would leave hefty rewards for their children. They didn't. At what point, after how many new fortunes, can we proclaim the old paradigm of stock risk...
Saudi Arabia is a land rich in oil and privileged royal princes. Yet it is so tight for cash that Crown Prince Abdullah, who is running the show for the ailing King Fahd, has boldly cut the budget. And he is reportedly sending out "Abdullahgrams" to spendthrift nephews, demanding that they reverse their habit of ignoring telephone and electricity bills or face service cutoffs like ordinary Saudis...
Most consumers, of course, think the current oil glut is just great, akin to a tax cut. American motorists are filling their tanks for under $1 per gal., less than the price of bottled water. America's annual oil bill dropped roughly $40 billion last year, and that money has shifted to other parts of the booming economy. The result is lower inflation and higher growth, with savings that show up on everything from home- heating bills to airline fuel and utility charges. Says Cynthia Latta, principal U.S. economist at Standard & Poors/DRI: "Higher oil prices will be widely felt across...
...seasons he missed to serve in the Army. Like Williams, with whom he was eternally yoked at the center of the Boston-New York rivalry, DiMaggio saw the heart of his career cut out by the sharp edge of war. From ages 28 to 30, he was AWOL from the thing he did best, at the time of life when he probably could have done it better than ever...