Word: short-term
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Hypnosis, biofeedback and TENS stimulation, once considered "fringe" methods of treatment, have earned respectable places in the pain clinic arsenal. Acupuncture, which tends to give only temporary analgesia, has a smaller following. According to Bonica, TENS provides significant short-term relief for 65% to 80% of patients and long-term relief for 30% to 35%. The electrical stimulating devices are widely available at costs ranging from $60 to $400. Biofeedback...
Fortunes and blowouts that used to build up over years now happen in months and weeks. And to the old investing choice among stocks, bonds and "cash"--certificates of deposit and other short-term instruments--have been added dozens of new securities which are traded many different ways...
...operation employing a staff of 90, keeping 88 percent of Harvard's $2.5 billion endowment. Lately HMC has moved into risky areas where universities never dared trod--venture capital, stock options and futures, complex bond arbitrage operations--and has even pioneered a scenario (called "stock lending") where it lends short-term securities like bonds to private investors. Harvard takes the cash those investors pay and deposits it at market rates of return--a double-edged way of boosting endowment by having money in the bank and bonds to cash in later. In addition, Harvard has begun assembling a full-time...
Even if the accord is completed as anticipated, there is some doubt whether the measures will achieve their desired purpose. Treasury officials concede that internationalizing the yen could have the short-term effect of further weakening it. Moreover, despite earlier attempts to increase U.S. exports to Japan or slow down Japanese imports, Tokyo's trade surplus still grows. Said American Motors Chairman Paul Tippett last week: "The negotiations are encouraging, but I've learned to be cautious when expecting progress from the Japanese." -By Alexander L. Taylor III. Reported by Christopher Redman/Washington and Edwin M. Reingold/Tokyo
...economic house in relative order. When he took office in December 1982, the Harvard-educated economist inherited a stagnant economy with an inflation rate of more than 100%, unemployment of 8% and a plummeting peso. He quickly imposed a rigorous austerity program and renegotiated the country's short-term loans so as to make interest payments easier. De la Madrid cut the government deficit and sharply reduced imports, especially of luxury goods. As a result, Mexico should enjoy a trade surplus of $9.5 billion in 1984; foreign currency reserves increased $3 billion in 1983 alone...