Word: shrinking
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...aerospace engineers around the world scrambling to build the next generation of this billion-dollar white elephant? In a word: Asia. The booming market for transpacific flights is expected to help create a lucrative new market for a plane that can shrink long distances. By the end of the decade, transpacific travel is expected to reach 315,000 passengers a day, or 15% more than will cross the Atlantic daily. A plane flying at Mach 2.5 (2 1/2 times the speed of sound, or 1,800 m.p.h.) could more than halve the duration of a Los Angeles-Tokyo flight...
...Reconnaissance Center, which handles satellite imaging; and the enormous, separate intelligence arms of the military services. New York Senator Daniel Patrick Moynihan has called for the CIA to be dissolved and its responsibilities turned over to the State Department. If that is not possible, Moynihan says, the agency should shrink its budget, a classified figure that is currently between $25 billion and $30 billion a year. "Downsize, downsize," Moynihan advises. "Don't look for silly, quasi-cold war tasks like 'Find the narcoterrorists' or 'Steal the economic secrets of Albania...
...cold war is over, so why is there so much saber rattling in Britain? When Defense Secretary Tom King announced last week that the British army will be reduced to its smallest fighting strength since 1830, the military reacted with anguished cries. The number of troops will shrink more than 40,000, to about 116,000, and the British Army of the Rhine will be halved. Twenty-two cavalry and infantry regiments -- many in existence for centuries -- will be forced to merge with old rivals...
...both for strategic reasons and to gain a cash infusion. But the $11 billion in debt that Time Warner assumed in the merger left the company in a weakened position to negotiate such deals. With qualms about the stock offer now laid to rest and the debt due to shrink 25%, the grand alliances may finally be within reach...
...state religion. Yet Cort typifies a new and healthier attitude toward dieting that is gradually taking hold in the American psyche. More men and women are trading in wispy dreams for a solid reality. They are picking up their forks, forsaking the latest diet fads and deciding to shrink their expectations more than their bodies...