Word: productive
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Dates: during 1980-1989
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...curious line between fabulous profits and grim losses. What he was and continues to be is the world's biggest spender, a man whose unrivaled profligacy gilds his self-image as a grand merchant-statesman. This soft-spoken man with a gift for putting people at ease, the product of a strict Islamic upbringing from one of the world's most conservative and ascetic nations, has become an international symbol of sybaritic self-indulgence. "I am an artist with my wealth," he says in quiet measured tones while relaxing in a room at the rear...
Khashoggi has no real consolidated corporate power base. He is a master broker but a precarious builder. Instead of constructing institutions, he has created a cult of personality. He is the product of the Middle East, where loyalty is to individuals, not institutions; he understands the psychology of one-on-one haggling, not the culture of corporations. "I am a trader," he says. "If I can make a decent profit, I prefer to take it and get out. There are others who hang on to an investment in the hope of realizing profits several times the money invested. They...
...years, East-bloc officials have claimed that drug abuse did not exist in their countries, insisting that addiction was a product of "decadent" capitalism. Not anymore. In a dramatic about-face, Soviet and East European authorities have begun to crack down on drug suppliers, searching for ways to treat addicts and publishing an array of statistics to deter potential users. Reason for the turnabout: narcotics use not only exists in the Soviet Union and Eastern Europe but is growing rapidly in some areas...
...very dangerous practices." The American Academy of Pediatrics has a different criticism of the nonbinding CPSC request. Last November it called for an outright ban of ATVs for those under age 16. "For crying out loud," says Dr. Joseph Greensher, who chaired the A.A.P.'s study committee. "If the product is bad enough to tell the manufacturers not to sell them, why allow them to remain in the marketplace at all?" Stronger roadblocks may soon be set up on the local level. Next week Tucson will hold a public hearing on whether the city should be off limits...
...decision did not increase military strength that much, but it was psychologically significant. After an eight-hour meeting of key officials last week, the government of Prime Minister Yasuhiro Nakasone announced that its proposed new budget will raise defense spending to 1.004% of Japan's estimated 1987 gross national product. If adopted by the Diet, the outlays would exceed for the first time the 1% ceiling on defense spending that Japan has observed for the past ten years...