Word: expanded
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Dates: during 2000-2009
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Sanko's troubles began in 1973 when the Arab oil embargo dealt a severe blow to the world shipping industry by reducing the demand for tankers. Instead of taking that as a warning signal, Sanko continued to expand its fleet, despite growing competition from companies based in other Asian countries. By 1983 an oversupply of tankers had swamped the industry, and Sanko slipped into the red. While in bankruptcy proceedings, Sanko will try to stay afloat by scuttling some of its 264-ship fleet. ENERGY Slippery Job for Lloyd...
...industry's top dogs, McDonald's and Burger King, are also moving to expand their menus, though more cautiously. "Our menu is meat and potatoes. That's been the staple of the American diet for two centuries," says Ed Rensi, chief operations officer of McDonald's, which serves 6% of the American population every day. Yet McDonald's has given nonbeef eaters a break with its popular Chicken McNuggets, which have been widely imitated, and the company is testmarketing a prepackaged salad...
...gunpowder and the first functioning bureaucracy, would be freed to carve out a unique role for the nation. China would enter the modern world on its own terms rather than on any dictated by Western capitalists, Soviet Marxists or anyone else. And Man of the Year Deng Xiaoping would expand what he alone among world leaders already seems to possess: a secure place in the history books to be written in the next century. --By George J. Church. Reported by David Aikman/Washington, Richard Hornik/Peking and James O. Jackson/Moscow
...Instead of investing only in projects that were part of Peking's Five-Year Plan, the innovative agency roamed the country in search of profitable opportunities wherever they might be found. Noting a growing demand for beer, CITIC created a $30 million joint venture with Japan's Suntory to expand production. The initial results were so encouraging that output will be doubled during the next two years...
Following our return to Washington, there was unanimous agreement among the Chiefs, the President and me that we must initiate action to expand our offensive forces. The cheapest way to do that was to develop MIRVs. By placing more than one warhead on each missile, the U.S. could increase the number of warheads far more cheaply than by building more missiles. But we recognized this was a very dangerous step--if the Soviets followed our lead, as we must assume they would, it would lead to a dramatic increase in the offensive forces of each side. We therefore concluded that...