Word: evens
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Dates: during 1980-1989
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...Even in the unpredictable Soviet Union, television viewers must be astonished by a new program on one of the two state-run channels. Last week, in a Sunday time slot following the evening news, Metropolitan Pitirim, head of the publishing department of the Russian Orthodox Church, appeared on the screen garbed in clerical robes and holding prayer beads. For ten minutes, Pitirim spoke soothingly about the need to set aside daily troubles in order to help others and contemplate the meaning of life. The priest also worked in discreet mentions of Jesus Christ and the Bible...
...robust annual sales growth of 15% to 20% that the industry enjoyed in the early 1980s, computer revenues will expand an estimated 6% to 8% during the next few years. That pace would delight most industrialists, but among computer makers it represents an abrupt comedown. Profits are being squeezed even more. Last week the world's No. 1 and No. 2 computer makers announced sharply lower earnings during the most recent quarter. IBM said its profits declined nearly 30%, to $877 million, and Digital Equipment's earnings were off more than 32%, to $150.8 million...
Enforcing the ban may not be as serious a problem as once thought. Consumer demand for ivory is plummeting, and with it the price of tusks. But even those who championed the ivory ban doubt that the elephant is out of peril. Said Susan Lieberman of the U.S. Humane Society: "This isn't the end, it's the beginning, but now the elephant has a cease-fire." Conservationists must continue to wage war against poachers and provide people living beside the game reserves with reasons for regarding the elephant as something more than a pest capable of trampling a season...
...What is new is the political consciousness. Even in the ordinary kid in primary school. The quality of the young people who are now handling the situation is very high. When we were running things, we never reached that stage...
...growth of computerized trading have left the stock market vulnerable to violent swings. "People have to get used to the idea that at certain points 5% to 10% declines are possible in today's highly automated markets," says John Phelan, chairman of the New York Stock Exchange. Yet even some Wall Street insiders have had misgivings. Warns Edward Yardeni, chief economist for Prudential-Bache Securities: "A 7% drop in the Dow Jones index is destabilizing to individual investors, and we need them in the market, not just the program-trading boys...