Word: openings
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Dates: during 1980-1989
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...narrative does a complicated backbend, for instance, in order to refer to a Russian restaurant in London named "the Sutky (so called because it was open day and night)." This comes at a point weighty with literary allusions to Crime and Punishment, so the reader suspects hidden meanings and looks up sutky. No allusions here; all it means is "a day and a night." Marvelous; now we know another Russian word. Perhaps the scraps in Welsh, Turkish, Greek and Hebrew offer magical insights, perhaps not. The suspicion is that they are simply authentic sound effects. You skip them...
...disclosed that several FBI undercover agents carrying hidden tape recorders had penetrated the pits as part of the largest criminal investigation ever to hit the Chicago commodities markets. The sting % operation, designed to catch unscrupulous commodities traders who were defrauding customers of millions of dollars, broke into the open when the Justice Department reportedly began issuing subpoenas to at least 40 people connected with the Chicago markets. By the time they finish gathering evidence in the next few weeks, federal prosecutors may be able to indict 100 or more commodities brokers and traders on felony charges of fraud and racketeering...
...powerful I.D.F. will, of course, survive. But the damaging consequences of this unwinnable war are already being felt. Middle-aged reservists trained to fight against tanks and grenades now chase children through the rubble-strewn alleys of refugee camps. When the taunts and the stones become unbearable, they open fire. "I don't feel that I'm fighting against Palestinian terrorists," says a 28-year-old reserve captain on duty in the West Bank. "My enemy is a twelve-year...
...years ago, there weren't that many people we could borrow money from," notes Harvard's Jeffrey Sachs, a leading international economist. "We were reluctant to run deficits out of fear of creating sky-high inflation. Now there is a global bank-teller window that is open 24 hours a day, and we've been one of the most frequent customers." Sachs warns, however, that the bender cannot last. "We're faking it," he says. "Our living standard isn't being maintained by higher productivity or wages. It's maintained by foreign capital...
While economists may be more open to peaceful coexistence, they still tend to form battle lines over the importance of the budget deficits. Some economists contend that the deficit is no longer a menace because it has shrunk from more than 6% of the gross national product in 1983 to about 3% right now. That is lower than the level of deficit spending during 1975-76, for example, when the gap was widened by a recession. Friedman says he accepts the deficit because it has restrained federal spending. "Sometimes you have to choose the lesser of two evils," he says...