Word: one-fourth
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...made significant strides in pollution control and energy conservation during the past 15 years, but the country remains the world's biggest user of natural resources and a major despoiler of the global environment. Because of the size of its economy, the U.S. consumes one-fourth of the world's energy each year. Yet, for a given amount of energy, the U.S. produces less than half as much economic output as Japan and West Germany. Meanwhile, the commitment to reduce pollution has flagged. Although the U.S. accounts for less than 5% of the global population, it generates...
...survived his difficult passage, Tower would face the most complicated task in the next Administration. Eight years after Reagan expanded the military budget 50%, persistent budget deficits would force Tower to shrink Pentagon accounts by one-fourth of what was planned in fatter times. That means eliminating Navy ships, Army divisions and Air Force fighter aircraft envisioned by Caspar Weinberger in the flush years of the early 1980s -- nearly $200 billion in weapons and research programs over the next four years. Said former Defense Secretary Robert McNamara last week: "The DOD is as close to bankrupt...
...unique presentation evoked a wide range of responses among the audience of more than 500. Some sat entranced by Cage's words; others grew impatient and walked out. Although nearly one-fourth of the audience had left the lecture hall when Cage completed the presentation two hours later, those who remained applauded steadily for well over a full minute...
...national pastime to have as little of your own money in your business as possible," complains a bank regulator. Repaying the debt from LBOs could prove particularly difficult during an economic downturn. Already the 21 top American banks hold an estimated $17 billion in LBO loans, or just under one-fourth of their exposure to Third World loans. First Chicago's LBO portfolio amounts to 55% of shareholder equity. Says a former executive at a major bank: "If the crunch comes, it will be from LBO debt, not Third World debt...
...nation's media have blanketed Atlanta in search of news. When the "Jackson Action Rainbow Express" pulled into town, it was met by a crowd of 5000. One-fourth of the crowd was from the media...