Word: particularized
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Dates: during 1980-1989
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This part of the plan has three benefits. The first removes the problems that will result if any particular ethnic group controls this holy city. Jerusalem is holy for three religions and there is no reason for Jews, Christians or Moslems to have a special claim to it. Yet all should have equal access to it. The second benefit comes with increased security. With a U.N.-controlled area similiar to the District of Columbia squashed between the West Bank and Israel that border is likely to be more secure and peaceful. The last benefit is that Israel will then make...
...longer a sure thing to bet against the dollar," says Robert Hormats, vice chairman of the Goldman, Sachs International investment firm. Intervention, however, can be used only for fine tuning a currency's general direction. Too much intervening can disrupt a country's domestic economy. West Germany in particular is getting weary of issuing so much of its own currency to trade for dollars, a process that can lead to inflation...
Melamed contends, with much justification, that crash investigators should look not at the trading pits of the Merc but at the specialist posts on the floor of the Big Board. The specialists are supposed to moderate price swings by "making a market" in particular stocks -- buying, if necessary, when no one else wants to. But on Black Monday the system virtually collapsed. Many of the 450 specialists were unable or unwilling to spend enough money to keep their stocks from going into free fall. Several specialist firms exhausted their capital and went out of business or were absorbed by bigger...
...when the call came in for the San Francisco junket, one thought in particular swayed my mind: that there was no way, no possible way, that San Francisco could be as cold as Boston...
...land and river mouths, but the whole is rendered abstract and emotionally disturbed by the odd shape and the subtle colors. It is a plain and impenetrable as Dylan's "Sad-Eyed Lady of the Lowlands," despite helpful paper signs by the staff labeling various blotches as particular rivers...