Word: riche
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Dates: during 1980-1989
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...objects are signed on the box by a noted living tea master. This imprimatur, a fabulously profitable extension of Marcel Duchamp's solitary act of declaring a urinal a work of art, gives the bowl its pedigree and value. Thus the tea implements are snapped up by the rich and fashion-tyrannized; and the tea masters make fortunes, what with certifying tea ware by the truckload, writing syndicated columns, running tea-school franchises and in general milking matcha for all it is worth...
...other countries, more and more Americans are heading for the provinces, where the life can be rich and full and cut-rate. One of the best bargains this year is a stay at some of France's 5,000 châteaux, a few of which are members of chains like the Relais and Châteaux grouping. The 16th century Château L'Esclimont, less than an hour's drive west of Paris, is set among undulating hills inside a walled 150-acre wild park. A balconied apartment, with terry-cloth bathrobes, curtained beds...
...crime is on the rise. Armed robbers often overpower apartment doormen at night and wait to ambush residents returning from evening parties. Bandits jump on buses and force passengers to hand over wedding rings and to empty their wallets and even shoes, where some people hide large bills. The rich are becoming fearful and cautious. At an exclusive dinner in São Paulo given for Antonio Gebauer, a senior vice president with New York's Morgan Guaranty Trust Co., one of Brazil's major creditors, 21 security guards were spotted among the guests, in corridors outside...
Brazil is still a country rich in resources. Since the mid-1970s, huge new deposits of iron, manganese, nickel, copper, bauxite and gold have been discovered deep in the Amazon basin. To exploit this mineral wealth, the Brazilians have launched a mammoth development scheme, called the Carajas Project, that includes dozens of mines, a 550-mile railroad and a giant dam on an arm of the Amazon, all to be completed by 1990. The cost will be staggering: $61 billion. But the eventual income from the project, estimated at $14.6 billion annually, may be worth the initial expense...
Under McMullan's one-man rule over both the news and editorial departments, the Herald (circ. 443,000) often managed the difficult feat of remaining fresh and vigorous while dominating its market and growing rich. McMullan also set a rarer standard among U.S. dailies: a newspaper that consistently is crisply written, carefully edited and cleanly organized. The lively news town and the combative editor were made for each other, and McMullan molded the Herald for the town. Says City Manager Howard Gary: "McMullan is the conscience that all cities need." Adds Kurt Luedtke, a former Herald colleague and author...