Word: pastes
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Dates: during 1980-1989
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...trying to smuggle more than 200 tusks out of the country last January. Other illegal ivory was found in the hands of a Catholic priest, a leading local journalist and officials of the Iranian and Pakistani embassies. More than 280 tons of illegal ivory has left Tanzania in the past three years, says Costa Mlay, director of the country's wildlife department...
MUSIC 50th ANNIVERSARY COLLECTION (Blue Note). JAZZ MASTERPIECES (Columbia). A digital swingfest! Two of the foremost chroniclers of American jazz have opened their vaults to bring some of the most outstanding performances of the past six decades to a new generation of listeners -- as well as to older fans who never heard the originals sound so good. Blue Note's five-volume anthology samples the works of such greats as Sidney Bechet, Thelonious Monk, John Coltrane, Miles Davis and Herbie Hancock. Columbia's offering, the latest...
What had American done to deserve this? After all, AMR is widely regarded as the best run of the big U.S. airline companies. Under the aggressive leadership of chairman Robert Crandall, corporate revenues have more than doubled in the past six years, to $8.8 billion. Most impressive, the airliner built its modern fleet of 683 aircraft with relatively little borrowing. Against $2.6 billion in assets at the end of last year, AMR held a modest $1.2 billion in long-term debt...
...enviable economic record and attracting little international criticism or even attention. Perhaps insolvency resides in the eye of the beholder, for there can be no doubt about the numbers. Italian governments have been abusing their credit cards for 20 years, piling debt onto debt. Only once in the past dozen years has the annual budget deficit been less than 10% of GDP. By contrast, the worst U.S. ratio was 3.8% in 1983; last year it was only 1.8%. Moreover, most of Italy's debt is short to medium term, subject to volatile interest rates. A 1% rise in short-term...
...Italian economy, however, ignores the problem. For the past six years, its annual growth rate of 3.5% to 4% has been one of Europe's highest. Inflation has come down smartly from more than 20% in 1980 to 5% last year. The lira has appreciated against most other currencies. To be sure, interest rates are still in double figures, and unemployment is stuck above 10%, but that figure is skewed by a higher jobless rate in the backward south; in the thriving north, it is lower. Overall, Italy's economic performance is sparkling. How do the Italians...