Word: tradings
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Dates: during 1980-1989
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...story of the U.S. presidential race is really many stories to foreign journalists, depending on which aspect of the candidates' views or the parties' platforms is of greatest concern to their own countries. The Japanese press has concentrated on trade and economic issues, while the South Africans are almost single-mindedly focused on the question of American sanctions. This year's campaign has received unusually wide coverage in the Philippines because of George Bush's now famous 1981 toast commending President Ferdinand Marcos for his "adherence to democratic principles and to democratic processes...
Hope may, at last, be where the head is. Last week the Food and Drug Administration approved a prescription medicine that increases hair growth in some men whose hair is thinning on top but not completely gone. Marketed by the Upjohn Co. under the trade name Rogaine, it is the first product ever cleared by federal regulators for treating hair loss. Its key ingredient: minoxidil, a highly touted drug that, in tablet form, had already been approved to treat high blood pressure. Only by accident did researchers discover that minoxidil could also regrow hair. Anticipating a vast new market...
...security. "The Israeli government will do everything so that these statements remain empty words, unmatched by deeds," said Prime Minister Yitzhak Shamir. Added Foreign Minister Shimon Peres: "It is not a substitute for dealing seriously with the situation." Ariel Sharon, a former Defense Minister who heads the Industry and Trade Ministry, proposed extending Israeli law to portions of the occupied territories. U.S. officials warned against that move, which would be tantamount to annexation, but seemed taken off guard by the P.L.O.'s tactics. Secretary of State George Shultz said that a Palestinian state that is not linked with Jordan "doesn...
California consumer groups have placed on the November ballot a referendum to cut insurance costs and reform the industry. Insurance companies are retaliating with three initiatives designed to reduce their payouts. As advocates of the rival measures trade barbs and hustle votes, they are spending plenty -- $60 million, $40 million of which will come from the insurance industry. It is by far the most expensive state election contest ever waged, costing close to two-thirds of the $100 million that the Republican and Democratic presidential campaigns are expected to spend this year...
...industry, the stakes are enormous. California's 15 million insured drivers and $9.7 billion worth of annual premiums represented 15% of the national market for car insurance last year. Says Sean Mooney, a senior vice president of the Insurance Information Institute, a trade association: "There is some feeling that if consumers win big there, it would give an impetus to self-styled consumer types and trial lawyers in other states...