Word: sprees
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...past 15 years, petrodollar- rich gulf states have provided a lucrative market for a vast array of Western products. Europe's export-dependent defense industries in particular have enjoyed a multibillion-dollar bonanza in the region. Although declining oil revenues in recent years have slowed the spending spree, the gulf remains an important market for West European and Japanese exporters. Last year British sales to the region were worth more than $8 billion, while French exports, excluding arms, brought in around $3 billion. The Japanese sold $6.8 billion in the region...
...station bombing followed a killing spree that left at least 285 dead in six days. The carnage began over the weekend when Tamil rebels ambushed holiday travelers on a jungle road in Trincomalee district, gunning down 127 and injuring scores of others, including women and children. Almost all were Sinhalese. Three days later, Tamils fleeing a manhunt for the Trincomalee killers burst into homes in nearby Wanela, tied up 15 inhabitants and shot them dead...
...statement was intended to calm foreign-exchange markets, but it had exactly the opposite effect. After the latest Washington communique, a wild , selling spree pushed the value of the dollar down at week's end to 142.50 yen, a 40-year low against the Japanese currency. Indeed, after the Paris declaration failed to halt the dollar's slide, there was no reason to believe a vague reiteration of the same policy would have much impact...
...senior guard spearheaded a 75 percent second-half field goal spree by the Quakers that turned a two-point Harvard halftime advantage into a 20 point Penn rout midway through the second frame...
...buyout spree has created yet another powerful incentive for restructuring: fear of takeover. In many cases, corporations have fought off raiders only by buying up huge amounts of their own stock, and along the way accumulating huge amounts of debt. Once the threat has passed, firms have been forced to restructure to regain profitability. In other cases, they have slashed costs and boosted profitability precisely to keep their stock prices above the level at which they would attract bargain-hunting takeover sharks, who are likely to chop far more brutally and indiscriminately than the present managements. No less a titan...