Word: rosee
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Dates: during 1980-1989
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Suddenly, the U.S. seems to have become a country for sale, a huge shopping mart in which foreigners are energetically filling up their carts. Result: foreign ownership in the U.S., including everything from real estate to securities, rose to a remarkable $1.33 trillion in 1986, up 25% from the previous year. By contrast, in a complete reversal of the situation only a decade ago, U.S. holdings abroad now total only $1.07 trillion. In addition to spurring fabulous hikes in real estate values and igniting corporate takeovers, the wave of foreign purchases has become an important force behind Wall Street...
...paper's ebullient journalists sometimes seem to get a little ahead of their sources. At a recent press conference, an Izvestia reporter rose to challenge a Deputy Foreign Minister's comment that there had been an increase in emigration for the purpose of bringing together families. Why, asked the reporter, are more of these families "not being reunited on Soviet territory instead of abroad?" Grumbled an abashed minister: "I would have thought we could expect a more convenient question from a representative of Izvestia...
...vintage World War II fighter- bombers suddenly appeared in the sky overhead and dived toward the three- story headquarters building where Honasan and his supporters were holed up. In three runs the planes dropped at least ten bombs, returning to strafe the area. Swirls of thick black smoke rose from the largely demolished structure. When she heard of the bombing, the wife of one mutinous officer inside the camp grew hysterical. "My husband is ready to die," she said. "That's how committed they are. They are ready to die for their cause...
...half-century ago, when the sun rose in the clear prairie sky and the first school bell had tolled its sharp warning, the ragged muster for the two-mile journey to the old gray schoolhouse would begin...
PHOTOGRAPHY: Michele Stephenson (Associate Editor); Mary Dunn (Special Projects); Richard L. Boeth, MaryAnne Golon, Rose Keyser, Julia Richer (Assistant Editors); Linda D. Vartoogian, Helen Eisenberg (Administration); Carmine Ercolano (Operations) Researchers: Dorothy Affa, Martha Bardach, Anne Callahan, Stanley Kayne, Paula Hornak Kellner, Gary Roberts, Nancy Smith- Alam, Melanie Stephens, Robert B. Stevens, Mary Themo Photographers: Eddie Adams, Terry Ashe, William Campbell, Sahm Doherty, Michael Evans, Rudi Frey, Dirck Halstead, Peter Jordan, Shelly Katz, David Hume Kennerly, Neil Leifer, Ben Martin, Harry Mattison, Mark Meyer, Ralph Morse, Robin Moyer, Carl Mydans, James Nachtwey, Matthew Naythons, Stephen Northup, Bill Pierce, David Rubinger, Antonio...