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...whose social security number is 082-01-1653 and whose phone number is 201-726-3876 will soon have a new number to remember-say, 96347. The Post Office Department announced last week that every address will have a five-digit number added to it after next July 1. The system, known as "Zip" (for Zone Improvement Plan), is designed to speed delivery of first-class mail as much as 24 hours by enabling postal clerks to tell at a glance how to route a letter...
Lazare Kaplan has now developed a way to dog-tag diamonds. It has patented a device that uses a laser beam to inscribe gems with a trademark and seven-digit number that is visible only under magnification. The company spent ten years developing the desk-size engraving device, which, it says, performs the delicate operation without affecting either the clarity or the color of the stones. The firm has leased one of its first six machines to a Japanese company and three of them to Manhattan's Gemological Institute of America, which will inscribe stones for jewelry retailers. Says...
...only have the deaths of 517 Israeli soldiers in Lebanon over the past year failed to guarantee peace, but the price tag for the occupation of Lebanon comes to more than $1 million a day. This burden comes at a time when inflation is racing along at a triple-digit rate and foreign debt has reached $20.9 billion. Israel has also gone through a testy period in its relations with the U.S. because of last year's invasion of Lebanon and Israel's refusal to consider the Middle East peace plan proposed by President Reagan...
Particularly galling to many Mexicans are the efforts by some Administration officials to invoke the domino theory to justify U.S. policy in Central America. Despite a crippling economic crisis that has produced triple-digit inflation and a foreign debt of nearly $90 billion, Mexico does not see itself as the final battleground if the U.S. does not draw the line against Marxist advances elsewhere in the region. They resent the implication that they too are a banana republic, and suspect that talk of Mexico as the ultimate domino is only a smokescreen. As Foreign Minister Bernardo Sepulveda Amor told TIME...
Faced with triple-digit inflation, the government tries austerity...