Word: sank
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Dates: during 1990-1999
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Whoa, what's going on here? Consumer confidence sank to a 12-year low in January. Airlines are estimating a $2 billion loss for 1991. Hotels are struggling along with occupancy rates barely above 60%. Yet cruise ships are leaving ports from Miami to Los Angeles, New York City to Seattle, with their cabins more than 90% full. Despite the Persian Gulf war and the recession, the cruise industry posted a 10% gain in 1991. A record 4 million Americans took cruises last year, up from a mere half a million in 1970. Carnival Cruise Lines, the world's largest...
...berths this year. James Godsman, president of the Cruise Lines International Association, predicts that by 1995 the number of berths will rise to 120,000, from the current 89,000. Companies such as Carnival and Royal Caribbean are driving the weak out of the business. Half a dozen lines sank in the past five years because of insufficient capital or poor marketing. Even successful lines had to discount heavily last year to fill ships. Lines with older ships, like Norwegian Cruise Line, are frantically updating to meet the changing demand. NCL's Norway, for instance, was renovated with a huge...
According to a study by Morgan Stanley Capital International, the 1991 world champions came from Latin America. The markets in Argentina, Mexico and Chile were up 403%, 120% and 106%, respectively, after converting local currency gains into dollars. (Brazil, an even higher flyer, lost out on conversion: the cruzeiro sank about as fast as the market rose.) But it wasn't just a Latin carnival. The Philippine stock market trebled Wall Street's 26% gain, Hong Kong nearly doubled it, and Australia matched...
...mark, Ricardo Roderick sank one free-throw to pull the Hawks within one, 56-55. Five consecutive points from the charity stripe gave the Crimson a 61-55 lead...
...cross and the sword; the red man shrinking back before the cavalry and the railroad. Manifest Destiny. The notion that all historians propagated this triumphalist myth uncritically is quite false; you have only to read Parkman or Prescott to realize that. But after it left the histories and sank deep into popular culture, it became a potent myth of justification for plunder, murder and enslavement...