Word: trend
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Dates: during 1980-1989
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...Rising profits have helped spur outlays for new plant and equipment, which are expected to grow by 4.4% this year and 5.7% in 1985, according to European Community calculations. Six months ago, Britain led the recovery, followed by West Germany. But now other countries are joining the trend-The Netherlands, Sweden and Switzerland. Even France and Italy, which stayed in recession longest, are showing symptoms of growth...
Wall Street can be as slavish in following a financial trend as clothing designers are in copying fashion changes. This year's financial fad is the leveraged buyout. In these deals, the group of investors buying a company puts up the firm's assets as collateral. Since the loans needed for a leveraged buyout are thus backed by the company itself, there can be big profits for the investors, who often put up very little of their own cash. In one of the most celebrated leveraged buyouts, former Treasury Secretary William Simon and a group of financiers bought...
Whether it is "better balance" or overreach, the court has been tilting decidedly toward the prosecution, especially in search cases. That trend continued last week, prompting Justice John Paul Stevens to decry the majority's "voracious appetite for judicial activism ... at least when it comes to restricting the constitutional rights of the citizen." In a Virginia case, the court found last week that prison inmates are not protected by the Fourth Amendment. Chief Justice Warren Burger, writing for a 5-to-4 majority, held that an inmate had no right to challenge cell searches. "The recognition of privacy rights...
...outcome will be influenced by a significant demographic trend: the growing political strength of the Sephardim. Unlike the Ashkenazim, who came from Germany, Poland, Russia and other areas of Eastern Europe, the Sephardim migrated to Israel from such diverse places as Morocco, Greece, Yemen and Iraq. Initially a minority (17% in 1948), the Sephardim now make up 55% of the population and about half the electorate. It is the Sephardic votes that in 1977 swept Begin to power. In the past seven years, the Sephardim, says Author Oz, "have risen from the emotional position of second-class citizens into...
...bedroom apartment in Jerusalem could buy the same home in the West Bank for as little as $55,000, complete with a government-subsidized mortgage. As a result, the number of Jewish settlers in the West Bank rose from 13,000 in 1977 to 28,000. If the trend continues, the Jewish population will reach...