Word: riche
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Dates: during 1970-1979
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...would somehow stabilize the chaotically climbing cost of petroleum on world markets. So much for wishful thinking. Instead of a single, stable price for crude, the 13-nation Organization of Petroleum Exporting Countries last week gave the oil-thirsting world its worst petro-gouging in more than five years. Rich and poor alike, the oil-importing nations are still struggling to recover from the recession that followed OPEC's huge price rises of 1973 and 1974. The latest assault, which is expected to send an incredible $182 billion cascading into the cartel's overflowing coffers by year...
Once again, a border patrol has snagged some "I-Is"-the nickname (pronounced eye-eyes) given to the illegal immigrants who try to sneak into Hong Kong from the mainland. "If the government ever puts a bounty on illegal immigrants, we'll all be rich," jokes Thomas. Indeed, nearly 46,000 have been captured and returned so far this year; more than 11,000 were caught in June alone. Nevertheless, Hong Kong officials estimate that they catch only half those who attempt to reach the colony...
...crowd in the chandelier-hung room at Monaco's elegant Winter Sporting Club was certainly stellar, stippled with the rich (Greek Shipowner Stavros Niarchos, London Merchandising Millionaire Sir Charles Clore), the royal (Britain's Princess Alexandra) and the pop (ex-Beatle Ringo Starr). But the real stunners were the prices being paid for the glittering collection of French antique furniture and objets d'art that were on the block in what Sotheby Parke Bernet hoped would be the auction of the year...
...cause of the rise is growing anxiety among rich people to find ways to shield their wealth from inflation. Says Stanley F. Clark, a director of Sotheby Parke Bernet: "There is no doubt that fine furniture is being bought as an investment...
Annabel, the flirtatious blond, ends up as a buyer for Bloomingdale's; Daphne, the Golden Girl, hides her epilepsy from her friends, marries a Harvard jock and has a mongoloid daughter; Chris, the shy romantic, marries a homosexual; Emily, the rich Jewish girl, dreams of med school and settles down as a doctor's wife...