Word: majorities
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Dates: during 1980-1989
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Harvard survived a major scare with 19 minutesleft and the game still scoreless. Morrin receiveda lead pass in front of the goal, and put it pastReilly. The apparent tally, however, was denieddue to an offsides infraction...
...example, China has strict residency rules. Identity documents guarantee that a person who receives permission to move from his hometown to a new location is still eligible for ration coupons, housing allowances and other subsidies. But even without permission, people have been drawn by the economic reforms to the major cities, and the financial opportunities they have found there more than compensate for their lost stipends. In central Beijing it is estimated that a fifth of the 6 million residents are illegal transients...
...Major U.S. banks have tried to prepare for the day when they would have to acknowledge the hopelessness of collecting most of their troubled loans to developing countries. Last week that process gave way to a rush of reality as three major banking companies set aside funds to bolster their loan-loss reserves, a move that will give them stiff deficits now but help insulate them from defaults in the future. Manufacturers Hanover added $950 million to its reserves, Chase Manhattan $1.15 billion, and J.P. Morgan $2 billion. To shore up its finances, Manny Hanny also agreed to sell...
...past two years, such brands as Firestone and General Tire have been taken over by foreign manufacturers. Last week the U.S. ranks were further deflated when France's Michelin Group reached an agreement to take over Uniroyal Goodrich for $1.5 billion. The deal leaves Goodyear the last major U.S. contender...
...practical value of a warmer relationship with the U.S. Like so many foreign leaders with domestic problems, Gorbachev might be looking to Washington to bail him out of his crisis with pledges of cooperation and signs of acceptance. That would be a mistake. Not even a series of major triumphs abroad could compensate for the lack of a blueprint to make perestroika work at home...