Word: virtual
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Dates: during 1980-1989
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What makes Bahrain so potentially significant is that Western banks no longer have a virtual monopoly on handling the huge surpluses that the members of OPEC regularly amass-as much as $117 billion this year alone. Instead, a new breed of Arab-owned banks is picking up an expanding percentage of the action. Though new to the game, some of these institutions are starting off with formidable monetary bases. Begun in 1977, Gulf International Bank has assembled assets of nearly $3 billion and is competing with the big U.S. financial institutions in loan underwriting. The newly founded Arab Banking Corp...
Occupying 15% of the earth's land surface, the Soviet Union stretches from a cluster of virtual colonies in Eastern Europe to the Bering Strait off the top of Alaska, across two continents and eleven time zones; more than 3,000 miles? roughly the distance from New York to San Francisco?separate the ice fields of the Arctic Ocean from the sun-parched Kara Kum Desert. The 262.4 million citizens of the U.S.S.R. belong to more than 100 ethnic groups and claim descent from Varangians, Turks, Mongols and countless Eurasian tribes. Their government preaches to them, in Russian, about...
...Russian peoples of the Soviet Union. Their awakened nationalism now competes with the Russian nationalism that has underlain the country's highly defensive brand of patriotism for more than 60 years. Because of high birth rates in many of the non-Slavic regions of the U.S.S.R. and their own virtual zero population growth, Russians now constitute only 52.4% of the citizenry. By the end of the century they will themselves be a minority of the entire population...
Afghanistan, however, is clearly anything but peripheral. By their virtual annexation of the country, the Soviets have made its fate central to their most fundamental disagreement with the U.S. At issue: What rules should govern the rivalry now that the U.S.S.R. has emerged as a true superpower, coequal with the U.S. in military might...
...rise of political psychiatry in the Soviet Union has paralleled the rise of Dr. Andrei Snezhnevsky, who since 1962 has been director of the Institute of Psychiatry of the U.S.S.R. Academy of Medical Sciences in Moscow. Snezhnevsky is the virtual czar of Soviet psychiatry. The standard Soviet theory is that schizophrenia is caused by environmental factors. But in the 1960s Snezhnevsky began promoting his idea that the disease is genetic, permanent and diagnosable even in the absence of such classic symptoms as hallucinations and delusions...