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Word: largest (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
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Investors had barely settled into their chairs at the annual meeting in London of Saatchi & Saatchi, the world's largest advertising agency, when Chairman Maurice Saatchi unloaded his uncomfortable secret. The firm's profits, he said, will slump during 1989 for the first time since the agency was founded 19 years ago. Said he: "It's going to be a tough year." Stunned by the abrupt reversal at the juggernaut company, analysts slashed their predictions of its 1989 profits from $280 million to about $165 million. The company's stock plunged, falling more than...

Author: /time Magazine | Title: Advertising: Bad Day for A Behemoth | 4/3/1989 | See Source »

...budget, unveiled earlier this month, froze defense spending at $8.5 billion, though some estimate the actual figure to be as high as $11 billion. Indian scientists and engineers are immersed in nuclear weapons and ballistic missile programs. The 1,362,000- strong armed forces, the fourth largest in the world (after the Soviet Union, with 5,096,000 troops; China, with 3.2 million; and the U.S., with 2,163,200), are raising four additional army divisions to boost combat strength by 80,000. In the southern state of Karnataka, a superport is developing to service submarines, surface vessels, including...

Author: /time Magazine | Title: India The Awakening of An Asian Power | 4/3/1989 | See Source »

Since 1986 India has ranked as the world's largest arms importer: in 1987 it purchased weaponry from abroad valued at $5.2 billion, more than Iraq and Iran combined and twelve times more than Pakistan. Largely to gain the foreign exchange needed to pay its military imports bill, India is preparing to enter the world arms bazaar as an exporter...

Author: /time Magazine | Title: India The Awakening of An Asian Power | 4/3/1989 | See Source »

...must come to terms with India's growing military and political clout in South Asia and the Indian Ocean. Said Richard Armitage, then the U.S. Assistant Secretary of Defense for International Security Affairs: "It doesn't make sense for the U.S. not to have a congenial relationship with the largest democracy and the dominant military power in the subcontinent -- and with a country that will clearly take its place on the world stage in the 21st century...

Author: /time Magazine | Title: India The Awakening of An Asian Power | 4/3/1989 | See Source »

...unusual application, Orion Re-Entry, California's largest privately owned halfway house for prisoners trying to move back into society, uses a fingerprint scanner to monitor the comings and goings of its residents. Before heading off for weekend furloughs or checking in from work, residents press their right forefingers against the machine. "It's much more expedient than the body checks we had in prison," says a resident. For the facility's manager, Bari Caine, the system is an excellent way to keep track of 84 residents and a high-turnover staff. "We can't always expect every staff member...

Author: /time Magazine | Title: Technology: Putting The Finger on Security | 4/3/1989 | See Source »

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