Word: steel
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Dates: during 1980-1989
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After its founding in Cairo in 1017, the enigmatic movement gradually spread to the Levant. Eventually it entrenched itself in particular in the heart of the Chouf, overlooking Beirut. During the 17th century an aristocratic Kurdish warrior clan, the Jumblatts (the name means heart of steel), joined the Druze and eventually became one of the group's two dominant families. At about the same time, the Druze formed an alliance with the Maronite Christians under the leadership of a Druze emir. In the 19th century, the aggressively ascendant Maronites sought to consolidate their power over Lebanon. Alarmed, the Druze...
...time being, Rich and Green apparently remain in the corporate-tax-haven canton of Zug. Rich's company is well known there for its blue-tinted, steel-and-glass structure, which has been nicknamed "the Dallas building" after the American TV show. Zug's business community, which resents U.S. meddling, has shown some sympathy for Rich...
...advocate industrial policy. Former Vice President Walter Mondale talks vaguely of cooperation among Government, business and labor to "restructure whole industries." Senator Gary Hart favors tax credits to help companies retrain workers, while Senator Alan Cranston supports a Government development bank that would give loans to basic industries like steel. The common theme of all the industrial-policy advocates is that the Government must play a more active role in helping industries meet the challenge of foreign competition...
...Carnegie-Mellon University in Pittsburgh, where much of the once mighty American steel industry lies rusting, Business School Dean Elizabeth Bailey, 44, had barely moved into her office before she began looking for ways to stress real business problems instead of mathematical models. Says she: "We want to find practical uses for the models. We don't just want ideas. We want ways to fit those ideas to current industry problems." Bailey also plans to enhance Carnegie-Mellon's program in robotics in order to prepare students for the factory of the future. A member of the Civil...
...Changes, Steel...