Word: gateways
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...Israel. Though Jewish emigrants almost always give Israel as their destination, many have actually settled in the U.S. Israel, eager to gain a higher share of Soviet Jews, has asked Moscow to begin routing the departees' flights directly to Tel Aviv rather than to Vienna, the current gateway. Washington opposes any move that would place limitations on the emigrants' freedom of choice...
...strong and economic growth is expected to reach 12% this year. Leaving many high-tech fields to the other NICs, Hong Kong is concentrating on being a financial center. Virtually all the world's major banks have offices there. Hong Kong is also developing its role as the gateway to the largest potential market in the world: China...
...savings and loan association in Honolulu and a merchant bank in Los Angeles. Last week an investor group led by Simon agreed to pay $157 million for Western Federal Savings & Loan, the fifth California thrift the group has tried to acquire within a year. Says Simon: "California is the gateway to the dynamic growth markets of the next century, in Australia, Hawaii and the Far East...
...need for new permanent professorships. Tightened university budgets and lowered federal spending make salary money scarcer, and recessions in some states have brought budget cuts at public universities (Utah, for example, will eliminate 95 faculty positions over the next three years). The result: with entrenched senior professors guarding the gateway to tenure, many junior professors are facing dim prospects and shaky job security. Meanwhile, many colleges are calling into question the concept of tenure itself...
...inflation, shrank from 65.1% in 1970 to 58.2% in 1985 (see chart). The trend is far from being a completely odious phenomenon, though. The statistics show that more families departing the middle class have moved up than down. Families with incomes of $50,000 or more -- considered the gateway to the upper class -- increased from 13% of the population to 18.3% during the 1970-85 period. At the same time, the proportion of families below $15,000 grew from...