Word: dollarization
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Dates: during 1980-1989
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...nothing new and that the suit should be dismissed. Borg argues that the tribe has authorized photographs on only two occasions and that the rest were taken back in the days when "the Pueblo were fearful of Indian agents; they acquiesced to the Bureau of Indian Affairs." The dollar figure the plaintiffs attached to the damage is many times what they expect to realize; their practical eyes are leveled on an injunction against further photography. That, then, is the long and the short...
...part of a recent drive to become one of the nation's leading developers of futuristic materials. Harvard this spring will construct a new multi-million dollar lab to be spread throughout the University...
Call it "speed," "crank" or "poor man's coke," the powder produces a cocaine-like high at half the price. Methamphetamine, at $60 a gram, is the discount drug of choice on the West Coast and a multimillion-dollar-a-year business for a new form of organized crime, a California-style Cosa Nostra on wheels. "We've got contract murders, interstate narcotics transactions, shipments of stolen property, cars and weapons," asserts U.S. Marshal Budd Johnson, member of a San Diego drug task force, the Organized Special Investigation Team (O.S.I.T.). "The Hell's Angels today...
...further undermined the economy by borrowing excessively from other countries and failing to curb money-losing state enterprises. The gross domestic product declined 12% last year, the worst performance in Latin America. Inflation hit 125%, unemployment 8.3% and underemployment 51%. The Peruvian sol declined 130% against the dollar during 1983. The country's foreign debt is $13 billion, about two-thirds of its gross domestic production. Belaúnde put Peru on the austerity program in 1982, but so far he has resisted pressure from the International Monetary Fund for a major devaluation this year, opting instead for minidevaluations...
Four years ago this multimillion-dollar business came under the eye of the FBI, the U.S. Post Office and the Internal Revenue Service. Since then, in an investigation dubbed Dipscam, more than 20 diploma mills have been closed down and three operators have been sent to jail. Last week John Blazer pleaded guilty to mail fraud for sending out degrees from his bogus universities of East Georgia and the Bahama Islands; he received a two-year prison term. And in Arkansas last year, George C. Lyon, 79, was given a year in prison and fined $2,000 after selling...