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Word: spree (lookup in dictionary) (lookup stats)
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Perez speaks from experience. During an earlier term as President he led his country on a giddy spending spree when oil revenues soared after the Yom Kippur War and the Arab embargo brought on the first oil shock in 1973. Venezuela squandered billions of petrodollars on luxury imports, high- visibility public works and a bloated state bureaucracy. When oil prices fell in the early 1980s, Venezuela retreated behind a wall of protectionism and a popular though inefficient system of price supports for local products...

Author: /time Magazine | Title: America Abroad: The Phony Windfall | 11/12/1990 | See Source »

...that Erik wrote about a young man who murders his very rich parents for their money. A home- computer disk thought to contain the father's revised will was mysteriously erased. Far from appearing crushed with grief, after the slayings the boys set off on a $700,000 shopping spree...

Author: /time Magazine | Title: The Hottest Show in Hollywood | 10/1/1990 | See Source »

...public outrage about the city's record crime spree seemed to crystallize last week, and officials scrambled to respond with calls for more police. New York's Governor Mario Cuomo urged the city to hire 5,000 more officers immediately, returning the force close to the peak strength of 32,000 that it wielded in the early 1970s. "The time for exquisite analysis has passed," said Cuomo. "You have to produce the police...

Author: /time Magazine | Title: May The Force Be with You | 9/24/1990 | See Source »

...shock of the news sank in, Trinidadians went on a weekend looting spree that left Port-of-Spain's main shopping street a shambles. But the popular uprising that Bakr had counted on never came, and he and his men soon found themselves surrounded by troops and without food. On the fifth day Bakr agreed to release Robinson, 63, who had been shot in the leg and suffers from diabetes and glaucoma. Next day Bakr and his men freed the remaining hostages and gave themselves...

Author: /time Magazine | Title: Trinidad and Tobago: Captain, the Ship Is Sinking | 8/13/1990 | See Source »

Lima went on a wild shopping spree last week as nervous consumers cleared store shelves of essential products like rice and oil in anticipation of shortages and steep price increases. The hoarding made an inauspicious start for President Alberto Fujimori, who began his five-year term last week without delivering an expected recovery plan to reduce rampant underemployment and curb the country's 3,000% 1989 inflation rate...

Author: /time Magazine | Title: Peru: Off to a Shaky Start | 8/13/1990 | See Source »

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