Word: groupe
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Dates: during 1980-1989
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...poor, but in Latin America the gap between them is especially vast and is growing worse. The richest 20% of families enjoy a more extravagant life-style than that of the upper class in such industrialized countries as the U.S. and Japan. On the other side is an enormous group, 60% to 80% of the population, whose situation is approaching the despair of sub-Saharan Africa or Bangladesh. Of Argentina's 32 million citizens, close to 10 million are below the poverty line (a family income of less than $100 a month) and an additional 15 million hover just above...
...scene is South Central Los Angeles, but it could as easily be Detroit, Grand Rapids or Kansas City. A young white male driving a 1989 Thunderbird slowly circles one of the worst blocks in the city. He nods toward a group of blacks hanging out at a corner. As his smartly dressed date whirs up her electric window, a clamoring pack of drug dealers surrounds the car. Money is hastily exchanged for a tiny cellophane bag of off-white crystals. The car peels away, fleeing the inner city, headed toward suburban safety. But the driver of the Thunderbird, his supply...
...appalling result of America's fixation with firearms was disclosed last week. A study by the National Center for Health Statistics found that 3,392 children ages 1 through 19 were killed in homicides, suicides and accidents with guns in 1987, accounting for 11% of deaths in that age group. No nation comes close to the U.S. in such fatalities. In 1985 not a single teenage male was the victim of gun-related homicide in England or Sweden...
...most frequent victims of the U.S. carnage were black males ages 15 to 19: 49.2 per 100,000 in this group died in 1987 from the homicidal use of guns. Among whites, the rate was 5.1 per 100,000. Said Health and Human Services Secretary Louis Sullivan: "We are losing our youth increasingly to injury and violence...
...moves came after two institutional investors, Keystone Group and Kemper Financial Services, said they will stop doing business with brokerages that use index arbitrage. At week's end the New York Stock Exchange said it will consider ways to tighten the rules governing program trading. Said Richard Grasso, the exchange president: "As a marketplace that has almost 47 million individual investors, we have got to be concerned about anything that might be harmful to those constituents...