Word: cuts
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Dates: during 1980-1989
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...archways of the Louvre Palace into the splendor of a 16th century courtyard. Across the cobblestones, as if for a medieval tournament, white tents opened their flaps to costumed crowds. Celebrities, fashion journalists and retailers from Kansas City to Kuwait milled about. Suddenly, without fanfare, a man in cut-off overalls, a ponytail and phosphorescent orange hightops strolled onto an enclosed runway and slowly spray-painted a huge red heart on a white backdrop. With the exaggerated staginess of a Looney Tune, he turned to the audience, pressed a finger to his lips, as if to say "Shhh!" and tiptoed...
...come into a school, you may not be on an academic par with the general population of the school, but if you as an individual can sit there and learn something and better yourself, that's an education," he says. Stroking the lapel of a well-cut gray suit, Fred reflects on his rise from the ghetto to the good life. "I always ask my mother, 'If I hadn't played basketball, what would have happened?' " he says. "Ninety percent of the people I grew up with are dead or in jail, and I would have been the same...
...field. Doctors have transplanted fetal organs into infants and used fetal cells to treat Parkinson's disease in adults. Right-to-life advocates object strongly to such procedures unless the fetus comes from a mother who has had a miscarriage. But to David's parents, the issue was clear- cut: only aborted fetuses were available, and without the transplanted cells their boy would have had virtually no chance of survival...
What would happen if foreign producers cut off the U.S. supply of crude, as OPEC did in the 1970s? In the short run, the U.S. would not experience dire shortages. A Commerce Department study found that in the event of war, the country's demand for fuel could be met by domestic production and the Strategic Petroleum Reserve. Created 13 years ago, the reserve is now up to 515 million bbl., equivalent to about three months' total consumption, stored in salt caverns along the Gulf Coast of Texas and Louisiana...
...Government study concluded, however, that if foreign supplies were cut off oil prices would quickly skyrocket, inevitably sending the economy into a tailspin. Because production takes years to gear up, the U.S. petroleum industry could not fully make up the slack of the lost imports. Says John Boatwright, Exxon's chief domestic economist: "It's not a garden hose you can turn...