Word: northeasterly
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...market had an element of mystery as well. The buying binge may have been fueled by a single investor group, possibly a Middle East consortium. One rumor has it that the Sultan of Brunei, monarch of the oil-rich country in northeast Borneo, has been buying millions of ounces of gold during the past month. He oversees a fortune estimated at $30 billion, and is said to be the world's richest man. Certainly he has the cash to play the gold market. TELEVISION Creating Static in the Skies...
...Editors: The fall in oil prices [ECONOMY & BUSINESS, April 14] is of great interest to those of us in the Northeast. Remember the bumper stickers saying LET THE BASTARDS FREEZE IN THE DARK? While I sympathize with the unemployed in Texas, I find it difficult to feel sorry for the rich oil barons. Peter J. Scarafile Fairport...
With a little luck, the sprawling, sparsely populated country that lies just northeast of South Africa on the Indian Ocean should have thrived. It is blessed with rich agricultural lands, large mineral deposits and untapped reserves of natural gas and oil. But the Marxist-oriented government of President Samora Machel, who came to power in 1975 after the departure of the Portuguese, has had little opportunity to exploit these resources. In little more than a decade, everything that could have gone wrong in Mozambique has gone wrong...
...payoff for this year's gubernatorial contests may come in 1990. Following that year's census, 17 to 19 congressional seats will probably be reassigned. About 20 states will be affected by the shifts, with political power continuing to migrate from the Northeast and upper Midwest to California, Florida, Texas and other conservative Sunbelt states. The battle for statehouses and Governors' mansions will determine which party gets the advantage in redrawing congressional district lines in key states. The motto of the Democrats' political strategists has become, "Elections are the battles. Redistricting is the whole...
Democratic prospects are brighter in the Northeast, where Mario Cuomo of New York and Michael Dukakis of Massachusetts hope to enhance their national prospects with big re-election wins. Yet their once secure colleague, William O'Neill of Connecticut, has been losing ground to charismatic Republican State Legislator Julie Belaga; the latest polls show O'Neill clinging to a narrow lead...