Word: portioning
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Dates: during 1980-1989
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...G.N.P is expected to grow only 2% this year, after stagnating in 1982. Foreign debt is, at $20.9 billion, one of the highest per capita in the world, and the trade deficit may exceed $5 billion this year. The U.S. General Accounting Office warned recently that a substantial portion of Washington's $2.5 billion in military and economic aid was being used to help Israel repay past debts. Without increased levels of assistance, Israel could soon owe the U.S. as much in annual repayments as it receives in loans...
...country at peace, the U.S. is throwing its military weight around a lot these days. To be sure, no American soldiers are on the attack anywhere in the world. But the U.S. has a remarkable portion of its troops, ships and planes around the planet, including contingents from every branch of the service deployed on three continents, well within shooting distance of hot combat zones-Lebanon, Chad, Central America. This show of force represents nothing so grand or explicit as a "Reagan Doctrine." But President Reagan is clearly not a bit timid about using U.S. military might abroad to serve...
Thomas Hicks has abandoned his commercial photography business in Portland, Ore., to devote himself to trading them. Webb Williams, Exxon Corp.'s trust fund manager, spends an increasing portion of his time investing in them for his company. So does Charles Stevenson, who operates his own New York-based money management firm. Venturesome traders across the U.S. are turning an esoteric-sounding new way of investing money into one of the hottest and fastest-growing ways to cash in on the bull market: stock index futures contracts. They are akin to commodities contracts, but on nothing so tangible...
...Should the A.B.A. endorse an extension of the Civil Rights Act of 1964 so that the law would cover membership in private clubs that derive "a substantial portion of income from business sources"? Supporters of the proposal noted that much legal business is transacted in clubs that routinely exclude women or members of minority groups. A nay vote, argued Dennis Archer of Detroit, "would be an A.B.A.-sanctioned blackball against some of your colleagues." The delegates backed the proposal, 183 to 152, although there was no official recommendation that lawyers as individuals should resign membership in discriminatory clubs...
Testing such perceptions can be complicated. At M.I.T.'s Infant Laboratory, for example, University of Tokyo Graduate Student Shinsuke Shimojo has programmed a computer to check whether seven-month-old Whitney Warren can differentiate between a straight bar and a slightly indented bar. The computer makes the indented portion of the second bar move slightly. If Whitney can see the indentation, he will see its movement, and Shimojo, crouching behind the computer screen, can see his eyes move. Most babies spot the movement easily...