Word: lowing
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Dates: during 1980-1989
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...other Arab nations to join publicly in an effort to moderate Iran's behavior. At the moment, many Arab states feel they cannot back the U.S. openly in any diplomatic enterprise because of Washington's strong support of Israel. The U.N., says Sick, at least offers a forum for low-profile and private discussion of the issue...
...have to. The next day IBM also made a major foray into the world's $9.8 billion-a-year educational and home markets with two of its own new low-cost machines. The company hopes the models, which start at $1,350, will generate much more excitement than its PCjr series, which fizzled 16 months after a November 1983 introduction. The new IBM Model 25, for example, which sells for a suggested list price of $1,695 with a color monitor, boasts five to eight times the memory of a PCjr, a larger, easier-to-use keyboard and greatly improved...
...announcements last week were a strong signal that the company has no intention of surrendering the educational and home markets to cut-rate competitors. The moves were also evidence of the aggressive strategy adopted by Chairman John Akers, 52, a Yale-educated former Navy pilot who has a low tolerance for mediocre performance. Instead of allowing IBM (1986 revenues: $51 billion) to rest on its dominant position in the market for large computers, Akers decided the company should revamp its entire product line and go after all segments of the business...
Blocking the path to robust European growth is the low value of the dollar. Despite recent gains, the U.S. currency is still down more than 40% against the West German mark and the French franc since early 1985. That decline has damaged many of Europe's export-driven economies by making their products more expensive in relation to American-made goods...
...closed to new arrivals 17 times in 1987, most recently last week. Last spring authorities were forced to release some 1,000 inmates ahead of schedule. Even with quarters for 5,500 more prisoners in the planning stage, the state is still on the hunt for additional rooms at low-budget costs. Says Andy Collins, deputy director of operations for the prison system: "We're looking at everything seriously. The wilder ideas are looking better and better every...