Word: quarters
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Dates: during 1980-1989
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...critics in and outside of the Administration wonder whether the Andean initiative will accomplish much. Peru will find it difficult to wean or bully its farmers from the cocaine trade unless economic growth opens markets for alternative products. But Peru's gross domestic product shrank 28% in the first quarter of 1989, and inflation has been running at 25% a month. In Bolivia officials contend that they need & $300 million to $500 million a year to develop legitimate alternatives for coca-farming peasants. That is considerably more than Bennett proposes to spend on the whole region. Democratic Congressman Larry Smith...
Outside the ventriloquism of fiction, Dunne, 57, sounds like a Harp from one of his own novels. Yet he seems to have had some trouble getting comfortable with his natural delivery. The problem lies in the dirty secret of class consciousness. "It took me nearly a quarter of a century to realize that here was the tension that gave me a subject," he notes, after admitting that while growing up Irish Catholic in West Hartford, Conn., he yearned to be an Episcopalian and a member of Wasp society...
...first great fires, which later raged throughout all Warsaw, was in the Jewish quarter," cabled photographer Julien Bryan, who worked for Time Inc. and the Chicago Daily News, the only American correspondent in the city. "I saw able-bodied men working in pitiful bucket brigades along with stooped, old, long-bearded men in long black coats and skullcaps. Apartment houses whose sides had been ripped out earlier in the day were now ravaged by flames. An old woman stood in front of the ruins of her home, a teakettle steaming on her stove but fire coming from the burning building...
Finally, on Sept. 27, with 12,000 citizens dead, one-quarter of the city destroyed and much of the rest in flames, with food stocks gone, the water system wrecked, Warsaw gave in. The Chopin had died away; the radio station had gone off the air. And there descended on Poland a great curtain of silence. Hitler had told his commanders in August that he planned to send SS units to Poland "to kill without pity or mercy all men, women and children of Polish race or language." That was an exaggeration, but not by much. In town after town...
LBOs invariably lose money at first because heavy debt charges soak up their earnings. RJR Nabisco, which went private last December in a record $25 billion buyout, last week reported a staggering $309 million loss for the second quarter. Reason: $1.05 billion in interest and debt expenses. In announcing the loss, RJR Nabisco said its basic food and tobacco operations, which include Nabisco cookies and Winston cigarettes, performed strongly; the company added that its program to sell assets was ahead of schedule. RJR Nabisco has already sold more than $2.5 billion of businesses, including most of its European food operations...