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...still defined by a cease-fire agreement rather than any mutual recognition treaty. After all, while there are grounds for optimism on areas such as allowing family reunions across that cease-fire line and economic aid from the prosperous South to the famine-stricken North, progress may be slower when President Kim urges his host to curb a missile program that has put North Korea at the top of Washington's "rogue state" charts, and when Dear Leader Kim suggests that his guest get rid of the 30,000 U.S. troops dug in along the cease-fire line. Deep differences...
Taylor ran the final race of the 400 hurdles at 57.77--just over a half-second slower than her preliminary run--to capture seventh place. Natasha Danvers of USC won the event...
...gloriously vulgar principle of unsinkability" [ESSAY, May 8] ignored the great amount of good this flamboyant lady has accomplished during her turbulent life. Without Taylor's name, her style, her money and her dedication, the battle against AIDS--especially during the Reagan years--would have progressed at a much slower pace. LEWRIGHT B. SIKES Antioch, Tenn...
Indeed, the bond market appears to be pricing in a quarter-point increase in June and possibly another late in the summer, but nothing beyond. That's not an all-clear sign, but the bond market's configuration today offers a classic reading for the slower growth Greenspan wants dead ahead. Normally, longer-term maturities on interest-paying investments like the 10-year Treasury note carry the highest yields because an investor assumes more risk over that extended period before getting back his principal. Now, however, the yield on 10-year Treasuries is around 6.5%; on two-year Treasuries, about...
Maybe that's another reason why Europe has been slower to enjoy the economic boom radiating from the U.S., where options are the common currency of the new capitalist elite. In Germany and Finland, it was illegal to pay executives in stock options until 1998, and in countries from Belgium to Britain, tax laws made option plans unappealing to corporate boards and executives alike. In the Netherlands, recipients have to pay income tax on options as soon as they are bestowed, which is often years before they are cashed in. But intense competition for employees from option-rich firms abroad...