Word: virtual
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Dates: during 1980-1989
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...between gourmet lunches, concerts and high-brow convocations September 4-7, alumni will pick and choose from a virtual course catalogue of educational seminars designed to reflect current scholarship in most academic fields...
Perhaps the biggest worry in the U.S. economic picture, TIME's board members agreed, is the virtual standstill of domestic capital investment. Even though the prime rate that U.S. banks charge their best corporate customers has fallen from 10.5% to 8.5% in the past 18 months, business executives now seem reluctant to borrow money to expand. Spending on plant and equipment actually declined 5.4% in the first quarter of 1986, an event that was almost without modern precedent for a U.S. economy that was not wallowing in recession...
...effort boosted state control and planning. The victorious British had marshaled their might in a total war effort by making the private sector a virtual arm of the government. They thus became used to the state's telling the private sector what to produce, and this continued after the war. When the fighting stopped, most of Europe lay in ruins, and the government began directing postwar reconstruction. The British steel industry and Renault, France's largest automaker, were among the ventures nationalized...
...staff officer, skillfully condensing the arguments of the quarreling Cabinet secretaries and their underlings, then presenting the various action options to the President. Unlike Henry Kissinger under Nixon and Ford and, to a slightly lesser degree, Zbigniew Brzezinski under Carter, Poindexter does not consider himself a virtual foreign-policy czar. He has neither the desire nor the personality to pressure other high officials into agreement. Instead, by avoiding the limelight, Poindexter believes he can effectively work out compromises among his large-ego clients...
...does not hesitate to trample on civil rights, as a report released last week by the New York City-based International League for Human Rights makes all too clear. The government has also embarked on a military buildup, based on its insistence that the country is now on a virtual war footing with the U.S. The rationale for a buildup was strengthened last month when the U.S. House of Representatives appropriated $100 million in aid for the anti-Sandinista contras. The extent of the military escalation is not clear. U.S. intelligence sources report that Sandinista troops have begun to mass...