Word: fleets
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...formidable Soviet fleet also has flaws, despite its success at projecting Soviet power in ports of call from Cuba to Mauritius. Although larger than the U.S. Navy in numbers of warships, the Soviet surface fleet still lacks anything as sophisticated as a U.S. aircraft carrier. Soviet nuclear-powered submarines are thought to give off so much radiation that Soviet sailors morbidly joke that members of the northern fleet are easily identifiable be cause they glow in the dark. During the past eight months, one nuclear sub foundered in deep water off the Siberian pen insula of Kamchatka and a second...
...United States, to react in even more dangerous circumstances." Eagleburger's plea helped persuade the resolution's sponsors to soften the language. Criticism of the Administration's policies will probably be modified or dropped altogether, while a passage acknowledging the value of keeping the U.S. Sixth Fleet off the Lebanese coast will be added. But a Marine withdrawal will still be demanded, as will the written report. The resolution is unlikely to come up for a vote in the Republican-controlled Senate until late March, when a bill proposing aid to Lebanon is scheduled for debate. Normally...
Cinderella stories are rare on Fleet Street. Up until 1981, Reuters had not paid out a pence in dividends for 41 years. But in the past three years, profits at the 132-year-old news agency have soared. The company paid $84 per share in 1982, and is expected to pay about $135 per share for 1983. Once the company goes public, each of those shares, once considered almost valueless, may be worth as much...
After the crushing of the Turk at Lepanto, Venice had no challengers of any size left in the Mediterranean. Its empire, secured by an invincible fleet of galleys, ran from the northern Adriatic to Crete, and its trade embraced half the world, reaching as far as China. It was the richest, the most socially coherent and the most formidably armed state south of the Alps. Its doges and merchants were cunning and civil-minded, and its women notable for beauty if one could get used to their obsession with the vagaries of chic: "They weare very long crisped hair," remarked...
...Orinda, Calif. Once a semipro boxer, Daly parlayed two World War II military planes (cost: $50,000) into a hugely lucrative charter line in the 1950s. In 1979 he offered one-way, cross-country tickets for $99.99, but major-airline competition, a strike, high fuel costs and a grounded fleet of DC-10s during a safety scare nearly plucked World...