Word: largest
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Dates: during 1980-1989
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...worldwide have been granting to Third World debtors in order to keep them from defaulting. Then the entire international credit edifice was badly shaken last February when Brazil announced an indefinite moratorium on payments of interest and principal on $68 billion of its $108 billion in total debts, the largest in the Third World. Citicorp alone stood to lose about $450 million this year as a result of Brazil's decision...
...Jersey is up to 17 inches thick), the Stark is an escort ship designed for what Naval Analyst Bruce Linder calls a "low-threat environment" far less intense than what a naval battle group would encounter in wartime. The Navy is acquiring 50 of these Perry-class frigates, the largest class of U.S. combat ships built since 1945. Linder predicts that the ship "may quickly confront her operational support limits as she is integrated into naval operating forces...
...gold mine in South Dakota. But William Randolph Hearst, then 23, would have none of it. He wanted to run a newspaper, specifically a tawdry sheet in San Francisco called the Examiner. Father relented; in 1887 young Hearst assumed control of the Examiner and proceeded to build the largest newspaper empire...
...revenues: $1.5 billion). From that base, he has launched sallies against Broken Hill Proprietary, a huge Australian steel, oil and gas producer, and other big firms. A few months ago he engaged in a bidding war with Media Mogul Rupert Murdoch over the Herald and Weekly Times, Australia's largest media group. Last August Holmes a Court disclosed that he was seeking a 15% stake in USX, the steel giant. As takeover speculation pushed the price of the stock upward, he reportedly took a profit on a block of his shares...
...chairman of the largest U. S. bank admits it may never collect on major portions of its foreign debt. Citicorp will post a loss of $2.5 billion for the quarter, which may lessen to $1 billion for the year. -- Prosperity and controversy on the U. S.- Mexican border. -- Madison Avenue fights a new service tax. -- Want an oddball investment? Try baseball trading cards...