Word: homegrown
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Dates: during 1990-1999
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...commerce, perhaps one-third of the world economy, previously left outside GATT controls: services like banking, insurance and telecommunications; intellectual property such as patents, software and video recordings; and agriculture. These are all areas where U.S. firms could strenuously compete if foreign governments treated them no worse than homegrown firms. For example...
...Brown sits alone in the headquarters of the Voter Education Project, surrounded by history. The run-down house near the mostly black Atlanta University Complex is littered with cardboard cartons stuffed with records that date back to 1962, when America's homegrown version of apartheid reigned throughout the South and all but a handful of blacks were denied the right to vote. Today, thanks largely to VEP'S unheralded support of grass-roots voter- registration and education drives, 5.5 million Southern blacks have registered and the number of black elected officials in the region has exploded from less than...
...Homegrown firms have discovered that the local talent pool offers more than enough depth to build global businesses. ALPNET, a translation company B.Y.U. started as a research project in 1980, has developed into a $26 million business with 250 employees in 22 offices around the globe. Because Salt Lake City has become a high-tech center as well, computer-aided translation comes naturally to many local workers. "It is a unique combination: a linguistically and culturally conscious society that is also computer literate," says ALPNET president Thomas Seal. Among the company's clients: Apple Computer, British Petroleum, NATO and Siemens...
Also a 1990s price tag: $50,000. On a per-horsepower basis, that compares favorably with the Acura NSX and Ferrari. But for red-blooded Americans who dream of empty roads and police in innocent Chevys, the homegrown Viper is likely to be more a matter of pure lust...
...exchange rate stood at 70 to the dollar last week, improved from 114 to the dollar the week before. Rumors that authorities may act to strengthen the ruble further have spread waves of panic buying, with Russians forming two-hour lines at banks to turn in dollars for their homegrown currency. At many banks last week, people found to their dismay that rubles were virtually unavailable...