Word: importantally
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Dates: during 1980-1989
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Revenue from Third World loans in the past has made up an important share of Citicorp's profits. In 1986 the bank earned $257 million, or about 24% of its total income, on loans to countries in the Caribbean and in Central and South America. The growing threat to the...
Oil, though, is not the whole story. For the past 15 years, petrodollar- rich gulf states have provided a lucrative market for a vast array of Western products. Europe's export-dependent defense industries in particular have enjoyed a multibillion-dollar bonanza in the region. Although declining oil revenues in...
One important Pacific power last week decided to do something about the growing Libyan presence. In an unusually blunt announcement, Australian Prime Minister Bob Hawke ordered that the Libyan embassy, or People's Bureau, in Canberra be closed. There was "compelling and incontrovertible evidence," said Hawke, that the embassy was...
"In exercise, consistency is more important than intensity, and that's the major health message of walking over running," says Cardiologist James Rippe, director of the exercise physiology laboratory at the University of Massachusetts Medical School. Aerobic walking ranges from striding along to race walking, but all forms share the...
Every successful composer comes to a point when his career reaches a critical mass, when the awards, commissions and appointments snowball and the transformation from obscure academic to mainstream professional is complete. That time has arrived for John Harbison. The New Jersey native's reputation has been growing steadily, but...