Word: patching
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...Tonka products. Last week the toymaker decided to seek help from the big kid on the block. Hasbro (1990 sales: more than $1 billion), the largest U.S. toymaker, will acquire Tonka's stock and debt in a deal worth about $500 million. Hasbro, which makes G.I. Joe, Cabbage Patch dolls and Playskool toys, earned $61 million in the first three quarters of 1990, while Tonka lost $25 million in the same period...
There are at least two ways to recognize a member of Iraq's Republican Guards. The first is the triangular red and gold patch worn on his uniform's shoulders. The second is more subtle but just as telling: a Republican Guard tends to look healthier than a regular soldier. No wonder: the guards are paid about 300 dinars a month (roughly $900) -- double the wages of an ordinary conscript -- and are pampered with such perks as free housing and free cars...
...addition to the airline's available cash, ample financing has been provided by the Kuwait Investment Office in London, supplemented by a loan from the Kuwaiti government-in-exile. Other carriers have helped too. In Dublin, Aer Lingus has arranged for Kuwait Airways to patch into its computerized worldwide reservation system. Another problem arose when Iraqi troops confiscated large supplies of Kuwait Airways tickets. The carrier will now use tickets with a new design. The International Air Transport Association is making sure that only tickets issued by Kuwait Airways are honored...
...helicopters and small planes, 80 Brazilian troops and government officials have spent the past three weeks dynamiting airstrips used by thousands of garimpeiros, or prospectors. Lured to the Brazil-Venezuela border by one of the world's richest deposits of gold, the garimpeiros have not only damaged a precious patch of rain forest but have also threatened the survival of the Yanomami, the Amazon's largest Stone Age tribe...
...broad economic downturn could inflict heavy damage on both banks and S&Ls. The threat of a such a slump was aggravated last week, when oil prices rose more than 10% in response to Iraq's invasion of Kuwait. Ironically, rising crude prices would reinvigorate the economies of oil-patch states where thrifts have been hit hardest, but the effect would probably be too little, too late to reduce the cost of the bailout by much...