Word: old
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Dates: during 1980-1989
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...country with only two brief interruptions. There was Jawaharlal Nehru, India's first Prime Minister and an early leader of the durable Congress Party, his daughter Indira Gandhi, and her son Rajiv. Such was the family's sway that when Indira was assassinated in 1984, the 40-year-old Rajiv, a reluctant and unproven politician, was rocketed into high office on the strength of one credential: his name...
...begins to explain him: That he is a former SDS organizer who is building a Ritz-Carlton hotel? Or that he is a developer whose fondest wish is to run away with Sea Shepherd, a Greenpeace splinter group, and ram whale ships? Perhaps that he is a 36-year-old Massachusetts- born Sikh of French-Canadian extraction, in a turban and a Ralph Lauren polo shirt? Or that he read about this 102-acre property one Sunday in 1986 and bought it on a hunch three days later for $17.25 million, outbidding a group of Alaskan Indians bearing federal pollution...
Soviet officials are already meeting in Moscow on a deepening crisis in Afghanistan as, 5,000 miles away in Washington, members of an American task force are rushed by police escort to the Old Executive Office Building. The U.S. President and Vice President have been disabled by a poison-gas attack. The Americans receive an intelligence briefing suggesting that maverick Soviet agents, seeking to undermine Mikhail Gorbachev and his international peace offensive, may have been behind the assassination attempt...
...looked wistfully at the lush elegance that surrounded them. The Renaissance-style emporium, completed in 1914 and situated across the street from the Empire State Building at 34th Street and Fifth Avenue, boasts crystal chandeliers and parquet floors, lofty ceilings and broad aisles. B. Altman, with its 124-year-old reputation for quality and gentility, is going out of business. Six of Altman's seven stores, situated mostly in New York, Pennsylvania and New Jersey, will be shuttered next month because its current owners were unable to attract any suitable bids during its six weeks on the block. Though...
...beginning of this year, though, Herscu found himself in serious trouble. Hit by rising interest rates in Australia and declining retail sales in the U.S., the 61-year-old empire builder did not have enough cash to weather the slowdown. By August, Hooker's U.S. subsidiary filed for bankruptcy, and Herscu resigned as chief executive...