Word: prospect
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Dates: during 1990-1999
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...corporate executives, that prospect should bring a feeling of relief. While raiders argue that takeovers have made corporate America more productive and efficient, managers call the threat of attack a nerve-racking and costly distraction that inhibits their ability to focus on long-term growth. Each argument has its merits, but after a decade of relentless takeover bidding, debt is becoming a dirty word and raiders have lost their prestige...
...Germany because no peace treaty has ever been signed, ran an almost continuous series of bilateral and multilateral talks in side rooms, corridors and hotel suites. They focused on how to impose order on the rush toward unification and reassure the nations that are most unsettled by the prospect. They agreed, said British Foreign Minister Douglas Hurd, on "a framework for avoiding free-fall...
Half a block from the hotel, it is easy to see why. A news kiosk is burning and an armored personnel carrier blocks access to Lenin Prospect, Dushanbe's main artery. "You must not leave the hotel tonight," says the Tadzhik manager kindly but firmly. "There are many bad people around." Nonetheless, we head to Lenin Prospect to see what has happened...
...line of about 20 regular Soviet army troops in padded uniforms and helmets, carrying pale green metal shields and nightsticks, block off Lenin Prospect. Knots of Tadzhik men watch with surly stares, and the soldiers, mostly young Russian conscripts, fidget. Four APCs with idling motors guard the front of the pale brown stucco central-committee building. The day before, mobs smashed its windows and set it on fire. At one side of the debris- littered street, a soldier nonchalantly washes the bloodstains off his shield in a puddle left by melted snow...
Part of the reason for the current tenure debate is the 1986 federal law that eliminates mandatory retirement at age 70. The prospect of elderly -- and high-salaried -- professors hanging on until they drop at the lectern has some cost-conscious administrators worried. "With the uncapping of retirement, tenure becomes a guarantee of lifetime work," says James Vinson, president of the University of Evansville in Indiana. Many schools have begun to nudge older professors out the door with a variety of enticements. Johns Hopkins University decided three years ago to increase the basic pension payments of departing 65-year-olds...