Word: growths
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Dates: during 1990-1999
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...success of U.S. aerial spraying in Bolivia and Peru. The Colombian traffickers, instead of shutting down their operations, began paying off farmers in the southeastern part of the country to begin wide-scale planting of coca and heroin. Data from U.S. satellites indicate "an explosion" of drug growth inside Colombia over the next couple of years, McCaffery says, and that means more arms and money for the guerrillas. "What we're seeing," the general asserts, "is that when the FARC now wants to ambush a police station, they'll go in with rockets, mortars...
...what better way than with the fine print? Last year the industry mailed a record 3.4 billion solicitations, luring consumers with the promise of low rates and no annual fees. But even as the number of pitches skyrockets, the growth of debt is slowing--and providers of plastic need new ways to bolster their bottom line...
...helping propel industry-wide fee revenue, which now accounts for nearly 20% of all revenue, from $10 billion in '96 to $19 billion in '98, according to CardWeb.com Financial giants Citigroup, Bank One and Chase just reported strong second-quarter earnings, fueled by double-digit growth in credit-card income...
EURO TRASH New to the U.S. market, high-yielding euro junk bonds are posting big returns while "safe" investments such as 10-year T bills are faltering. Why the appeal? Europe is deregulating its markets, stirring growth, competition and M&A activity similar to the U.S. in the '80s. The weakened euro is also expected to rebound against the dollar, but currency trading and high-yield bonds are risky. Don't bet the farm...
...history of disappointment when they?re tried outside the laboratory," she says. "The problem is, blood supply is how we live. One of the most powerful such inhibitors ever was thalidomide ? that caused babies to be born with no arms because it was so good at pinching off new growth...