Word: third world
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Imagine a more adroit Saddam armed with an intercontinental version of the Scud, and you've got the stuff of which a new nightmare is made. Arms control should make an attack by a Third World country on the U.S. less plausible rather than more so. To fend off scores or even hundreds of warheads, the U.S. needs not SDI but a network of ground-based interceptors at perhaps three to five sites. The ABM treaty allows only one site, but it could be amended to permit more. At the same time, the ban on testing and deployment of space...
...Dresden last April, neo-Nazis threw a Mozambican to his death from a moving streetcar. In May they invaded a tenement in Wittenberg, forcing two Namibians off a fourth-floor balcony and critically injuring them. Two weeks ago, 50 skinheads stormed a center for asylum seekers from the Third World, smashing windows and pummeling residents. No one with a dark skin, police officials say, can feel safe on the streets of eastern Berlin...
...Altman even traveled to London to assure B.C.C.I. shareholders that the money-laundering case was a mere aberration that would be swiftly settled. Altman later returned to London, the insiders said, to soothe shareholders' concerns about B.C.C.I.'s losses by blaming the red ink on depressed conditions in many Third World areas where the sprawling bank operated...
While banking experts generally praised the deal, they cautioned that executives could find themselves balking at the drastic cuts that will be needed for substantial cost savings. And the banks' underachieving loans, which range from troubled real estate mortgages in New York City to unpaid Third World debt, will erode their profits for years to come. "I hope they didn't just put two boat anchors together," says John McCoy, chairman of Ohio-based Banc One, a regional firm that has been aggressively buying up local banks. "If they did, they'll just go down at the same speed together...
...often looked for inspiration to the world of comic books, usually superhero juvenilia like The Flash or The Incredible Hulk. But TALES FROM THE CRYPT is a different kettle of rotting fish. Based on the seedy old E.C. horror comics, each half-hour episode is a ghoulish black comedy that aims less for thrills or scares than for gleefully evoked squirms. The show, garnering high ratings in its third season on HBO, demonstrates another quality rare in TV: it is improving with age. Introduced by a cackling, skeletal "crypt keeper," the stories barrel along with logic-bending abandon; even when...