Word: localization
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Dates: during 1980-1989
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...right in what he recommends. Tactical nuclear weapons have never made sense, especially concentrated in West Germany, the putative battlefield where World War III would begin. If American tactical missiles were ever fired in anger, they would raise mushroom clouds over German territory and probably kill more local civilians than foreign invaders. If, on the other hand, the missiles were not fired, they would become irresistible targets for devastating pre-emptive strikes by the enemy. Hence the bitter saying in Bonn, "The shorter the range, the deader the German...
...Treasuries offer a timely combination of high yields and safety. Moreover, interest on the securities is exempt from state and local taxes. While rates have dipped below the peaks they reached in March, new three-month T-bill issues offered an attractive return of more than 8.5% last week. Investors daunted by the $10,000 minimum-purchase requirement for T-bills can buy longer-term Treasury notes and bonds in face amounts of $1,000 and $5,000. Such securities mature in two to 30 years and can pay more than 9% interest, which often exceeds the rates paid...
...last week the attack had escalated from a local tragedy into a morbid national obsession. Perhaps the story resonated across the country because the victim was a wealthy, white financier with degrees from Wellesley and Yale. Or because the scene was Central Park, the backyard of powerful news media and a symbol of everything Americans most fear about New York City. Or it may have been because of the word wilding, which seemed simultaneously to define and obscure the transformation of a group of teenage boys into a bloodthirsty...
...little absurd in the South African town of Boksburg (pop. 106,000). Ever since rightists took over the town's city council last year, they have been strictly enforcing the whites-only laws that had fallen into disuse. They began by barring blacks from all municipal facilities, including the local park and lake. The obsession with racist regulations took on surreal dimensions last week when the council voted 10 to 7 to grant the transfer of a lease for the Golden Lake Chinese restaurant from W.G. Ho to another Chinese woman, S.Y. Yip. The only catch: a provision...
...creepy vibes here. That's just reality. On Disney-MGM's main street, the billboard proclaims HOLLYWOODLAND, BEDROOM COMMUNITY OF THE INNOCENT PAST. The corner gas station dispenses "service with a smile," and Mickey's of Hollywood peddles nothing racier than T shirts with a mouse emblem. Even the local sanitation man (one of many character types crowding the street like Preston Sturges comedy characters) has refined tastes. "I collect only the garbage of the stars," he proclaims with delicious snoot. Hollywaste. Tinsel trash...