Word: growth
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Dates: during 1980-1989
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...recent years a growing number of health-conscious Americans--myself included--have made the decision to cut down on their intake of red meat. That's not good news for an industry that thrives on selling lots'o'burgers to keep its growth charts from becoming ungrowth charts. Hence, the number of salad bars and alternative menus that have sprung up in fast-food bistros across the land...
Some economists believe the IMF's influence in handling the debt crisis is weakening. They note that Brazil has refused to come to terms with the fund and has revived its economy by following its own growth-minded policies. Many applaud the change in the IMF's philosophy. Says Fred Bergsten, director of Washington's Institute for International Economics: "It is a new lease on life for the IMF in the management of the debt problem...
Concerned about the rising passions, Milwaukee Archbishop Rembert Weakland, in a remarkable warning, wrote in the archdiocesan paper last month that the church must avoid the "fanaticism and small-mindedness" that through history have "led to much cruelty, suppression of theological creativity and lack of growth." On the right, a convention of the Fellowship of Catholic Scholars last week demanded that the bishops take a harder line, declaring, "No institution is foolish enough to permit its reason for existence to be undermined from within...
...experts generally agree that people are wise to lock in longterm profits by selling investments that have already increased greatly in value. But taxpayers might be foolish to dump an investment that is in the middle of a growth spurt. Future profits might be worth far more than the tax advantage gained by selling them now, notes Wallace Turner, a New York City broker for the investment firm of Smith Barney. Says he: "Our culture has put such value on tax breaks that even the savviest investors wonder whether they should dump their best-performing stocks." Wall Streeters hope that...
Tropical rain forests blanket about 7% of the planet and support nearly 50% of earth's known species. A single hectare (2.5 acres) of this lush arboreal growth may include more than 100 species of tree, each with its own interdependent colonies of plants and animals. But in the past several hundred years, the area of the globe covered by rain forest has decreased by some 44%. According to one U.N. study, 23,000 sq. mi. of rain forests are cut down every year -- an area about the size of West Virginia. One World Resources Institute staffer calculated that developers...