Word: globality
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Dates: during 1990-1999
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...Planet Hollywood restaurant in Cape Town, South Africa, is unlikely to be the work of Osama bin Laden, but it suggests that backlash from last week's U.S. missile strike may originate in quarters far outside the super-terrorist's own networks. A group calling itself Muslims Against Global Oppression said the Tuesday evening blast that killed two people and wounded 21 was in retaliation for the strike on Afghanistan and Sudan. A group of the same name had protested against President Clinton's visit to the city earlier this year, which suggests the attackers may have been part...
Just four months ago, Albright's State Department in its "Patterns of Global Terrorism" report called Iran the "most active state sponsor of terrorism in the world." Mistrusting terrorists, it seems, is yesterday's foreign policy...
...relief rally, and it won't last," he says. "Pretty soon, traders will look around and start to realize this scandal is going to get uglier before it gets better." And as the Clinton pundits' chatter dies back down, Kadlec says, the ongoing disaster in Russia -- adding to the global economy's already considerable woes -- will start to sink in. "The correction wasn't nearly deep enough. A week from now, we'll be headed right back down again...
...exports to the stricken region. The decline limited the growth of U.S. corporate earnings--a key determinant of stock prices--with industries from chemicals to aerospace reporting lower profits in the second quarter than in the same period a year ago. "Asia is unpredictable," says Allen Sinai, chief global economist for Primark Decision Economics. "I can't guarantee that there will be no recession in the U.S. next year because no one can be sure about Asia." Observes David Wyss, chief economist for Standard & Poor's DRI: "Asia scares...
...even as AAA membership has increased. A spokesman attributed the dip to competition from the Web, and to the association's Map 'n Go software, a $60 navigation package that can be installed on PCs. If you want to get fancy, you can buy one of the car-based global-positioning devices, like StreetPilot GPS, by Garmin of Olathe, Kans., for under $550. Using signals from satellites, these devices tell you where you are and plot your course...