Word: doomsdayers
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...YORK: For the Russian economy, it's all over but the doomsday, and that's what traders prepared for Thursday by pushing the Dow down 257 points -- and the NASDAQ 81 -- by the close of trading. "The Russian economy is in total collapse," says TIME business reporter Bernard Baumohl, "and although U.S. traders have very little direct exposure to it, they're very nervous about what could happen to Europe, Asia and Latin America if the political system goes with...
...tough, Albright had been secretly urging the U.N. arms inspectors to hold off on searches lest they provoke Saddam. Seeing the U.S. throw in the towel, Saddam has grown even bolder, announcing now the effective end of even long-term monitoring. With America prone, he can resume building his doomsday weapons unmolested...
CLOCK WATCHING Last week the board of directors at the Bulletin of the Atomic Scientists moved the hands of its Doomsday Clock ahead five minutes--to nine minutes before midnight. We asked Bulletin editor Mike Moore what makes this clock tick...
...electronic jungle drum, vibrates to the beat of prophecy. Much of it is in the religious, apocalyptic tradition. Just about any recent event, from the fall of the Berlin Wall to the assassination of Israeli Prime Minister Yitzhak Rabin, is taken by some as a sign of the impending Doomsday or the flowering of the Peaceable Kingdom. Countless secular predictions also sway between doom and hope. Socialist Utopias are out of fashion, but belief in free-market cornucopias is rivaled by nightmares of savage Blade Runner cities...
...even before the British left, attacks on Jews were unleashed all over the country. On May 14, 1948, in accordance with the U.N. resolution, Ben-Gurion proclaimed Israel's independence, ignoring last-minute admonitions from Washington and overruling doomsday predictions by some of his closest associates. Within hours, military forces of five Arab nations invaded Israel, joining Palestinian militias in an openly declared attempt to destroy the Jews. It was the worst of several Israeli-Arab wars: 1% of the Jewish population died, as well as thousands of Arabs. More than half a million Palestinians lost their homes; some fled...