Word: homing
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Dates: during 1970-1979
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...willing, reports of the deposed shah's affliction with cancer are true.'' So said Iran's Ayatullah Ruhollah Khomeini, with his customary generosity to a fallen foe. The reports were indeed correct. Last week Mohammed Reza Pahlavi, 60, flew from his lavish, well-guarded home in exile at Cuernavaca, Mexico, to New York City's LaGuardia Airport on a chartered jet that airline officials had first been told would only be carrying a ''valuable shipment'' from the Bank of Mexico. Weak and frail-looking, the Shah shuffled into a limousine...
...detente by placing new weapons not covered by SALT II on the doorstep of the Soviet Union. Fumed Central Committee Official Valentin Falin: "How would the U.S. have reacted if we, the Soviet Union, after concluding SALT II, started bringing medium-range weapons closer to their territory?" To drive home the argument, TIME Moscow Bureau Chief Bruce Nelan reported, other officials privately drew a parallel with Cuba in 1962. One Moscow editor told him: "There was a crisis when you thought missiles in Cuba could...
...McNeese State University (enrollment: 5,500) in Lake Charles, La., the search for a new president ended with the choice of Home-Town Favorite Jack Doland, 51, the university's athletic director and football coach. Said Doland, in a meeting with a search committee: ''Let no one belittle coaching experience in preparation for a position as president...
...also mysterious, pervasive and, in the cold eyes of Western policymakers, dangerous and disruptive to current at tempts to combat inflation. Supermoney is the immense and swift-moving pool of currencies deposited in banks outside their home countries- and thus out of the control of any government. No body knows the total, but estimates run to $750 billion in ''offshore'' dollars and $250 billion in German marks and other, mostly European, money...
...unable to spend their petroprofits fast enough, began parking many surplus dollars in banks outside the U.S. Cartel members now have $74 billion in these Eurodollar deposits. Bankers also started lending large amounts of Euromarks and Euro-francs, which are West German marks and Swiss francs deposited outside their home countries...