Word: lessing
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Dates: during 1980-1989
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...many health clubs have doubled the number of machines for their members. Even so, supply has badly trailed demand. In some places club managers strictly enforce time limits to keep people from fighting over the machines. Those tired of the health-club hassle can buy home machines for much less than the $2,000 to $3,400 that professional models cost. The $400 Precor Fitness Climber routinely ranks among the ten top-selling items in the Sharper Image catalog...
...much as $28 billion, is testimony to another kind of dark genius. This is the scandalous ability of the coke kingpins to launder billions of dollars in drug proceeds using many of the same financial services available to the FORTUNE 500. In a wash cycle that often takes less than 48 hours, the drug smugglers can turn coke-tinged $20 and $100 bills into such untraceable, squeaky-clean assets as money-market deposits, car dealerships and resort hotels...
...institution. Reason: the IRS requires all banks to file Currency Transaction Reports for deposits of $10,000 or more. During the early 1980s, launderers got around this scrutiny by employing couriers called Smurfs, named for the restless cartoon characters, who would fan out and make multiple deposits of slightly less than...
...Fund might help support abortion services in China. Getting birth-control information and devices to the 2.5 billion people beyond the present reach of family-planning programs will require $8 billion annually, a $5 billion rise from current levels. In 1989 the U.S. contributed $245 million to such programs, less in real terms than in 1979. Unless America reverses its present policy, it sends a message to the world that the U.S. considers mass starvation preferable to the termination of unwanted pregnancies...
...these are only the opening skirmishes in what may prove to be mankind's ultimate battle for survival. Mostafa Tolba, executive director of the United Nations Environment Program (UNEP), put the matter starkly in his keynote speech before TIME's Alexandria conference: "Addressing the global environmental crisis requires nothing less than a radical change in the conduct of world policy and the world economy...