Word: homed
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Dates: during 1980-1989
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Whatever actions a company takes to help the environment should apply to foreign operations as well as those in the U.S. In too many cases, corporations have complied with antipollution measures at home but ignored them abroad, especially in Third World countries that are too desperate for foreign investment to complain...
Another simple but vitally important move would be to reinvigorate the U.S. commitment to family planning at home and abroad. Peter Raven, director of the Missouri Botanical Garden, points out that humanity consumes or wastes 40% of the total amount of energy stored by photosynthesis in terrestrial vegetation. No one knows how much more people can devour before they begin to exhaust resources and crowd out vital ecosystems. Lester Brown of the Worldwatch Institute argues that global annual food production already falls short of human consumption and that environmental degradation reduces yields 1% annually at a time when world population...
International efforts to preserve the biosphere will not succeed unless the Third World goes along with them. The irony is that the laissez-faire, free- market rules that allowed the industrial world to prosper must now be suspended. "If the developing nations, home to 8 out of 10 people, repeat the pattern of development of the North," warns UNEP's Tolba, "if they reach the North's levels of consumer goods and fuel consumption, and if they continue to clear the forests, then our mutual destruction is assured...
Until recently, Newton's First Law was that home prices could only go up. Now residents of that Boston suburb -- and homeowners nationwide -- are having apples dropped on their heads. Suddenly a lot of people are talking about home prices going down. And I don't mean just in Houston (actually, they've begun to recover in Houston) or Billy Joel's penthouse on Central Park South, first offered at $2.8 million, then at $2 million, then $1.5 million, now $1.1 million -- and still unsold. Your average home may be affected...
...MORTGAGE CEILING LOWERED, reports the New York Times. "The ceiling on the size of single-family home loans purchased by the Federal National Mortgage Association is declining by $150, to $187,450 next year, the first drop in at least a decade...