Word: term
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Dates: during 1990-1999
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...often a land of such sweet words. The intermedia flirtation between the two leaders has added muscle to rumors that the new Israeli leader will move fast toward a peace agreement with Syria. Last week Barak was still finalizing his government, but he seems intent on starting off his term with a dramatic gesture. Peace with Syria would fit the bill. An expected adjunct agreement with Lebanon would mean an end to the state of war on all of Israel's borders...
...nearly a year, U.S. investors are buying more shares of emerging-markets stock funds than they are selling. But if you're part of that wave and are simply chasing funds with momentum, look out. Trouble lurks. The mo may shift soon. If you're building a permanent long-term emerging-markets position, though, now is a fair time to get started. Just don't overdo it. These stocks should be only 5% to 10% of your portfolio...
...stocks are also likely to sink if the U.S. market falls. Long term, they make a lot of sense. Barton Biggs, emerging-markets guru at Morgan Stanley Dean Witter, predicts that "coming out of the next cyclical bear market," whenever that may be, "emerging markets are going to be the place of maximum outperformance." Even if he's right, you've got plenty of time...
...limited language skills made for low grades. But last fall, six student tutors from the U.C. Irvine English program came to his fourth-grade classroom. The teacher, Marisol Duarte, saw only subtle changes at first. But two months later, when the kids wrote their final poems of the term, Raynaldo's reading had jumped from first- to third-grade level. And his poem had the glow of a prayer: "...the beauty of the hand of God/never let go of my mother and father/of the silver night/of the city so quiet and the birds singing like diamonds." "It's powerful...
...President?s long-term health strategy has heavily relied on moving the elderly into HMOs,? says TIME congressional correspondent John Dickerson. One of the big attractions for the White House and its allies was that HMOs could cut costs because of their presumed economies of scale. Another major point was that such economies allowed many HMOs to provide prescription drug coverage. But the latest move by the industry throws many of these assumptions up in the air. Moreover, the development comes at a time when a growing number of patients have started to complain about HMO policies that smack...