Word: virtual
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Dates: during 1980-1989
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...another trouble point, John Mack, president of the Los Angeles Urban League, cites reductions in community services required under California's Proposition 13, particularly a virtual freeze on hiring any new city and county employees. Protests Mack: "Black people are still just trying to get their feet in the door, and now it's being slammed shut again...
...electronics industry is equally jittery over the energy supply. Governor Brown has led a virtual moratorium on nuclear power plants. A host of technological problems has also blocked development of the 3.2 billion bbl. of heavy oil beneath the San Joaquin Valley. As a result, some companies are rapidly expanding into neighboring states, where land and labor are cheaper and energy supplies more predictable. Says Gordon Moore, chairman of the microchip front runner Intel: "Next year we'll have more employees in Oregon than in California...
...Carter Administration realistically hope to bolster the position of President Choi, since he has little power and indeed may be a virtual prisoner of the military in the presidential compound, the Blue House. To be sure, American and South Korean troops are joined in a combined command, and in theory this gives the U.S. some control over more than half of South Korea's 600,000-man armed forces. But such authority can amount to very little. General Chun himself flagrantly ignored a Korean-American agreement on prior consultation last December, when he ordered reserve units to help...
...sold for as much as $118,000. A Midas with a smaller touch usually turned to the popular 1-oz. South African Krugerrand, which sells for about $25 more than the spot price for gold (last week's closing: $510). Throughout the years the South Africans had a virtual corner on the small-investor gold market, selling an estimated 1 million Krugerrands in the U.S. annually. But competition has been getting stronger. Last year the Canadian government began selling its 1-oz. Gold Maple Leaf, and this spring the Mexicans started promoting the Centenario. Beginning this month Americans will...
...diplomatic minuet" was Edmund Muskie's prediction about his first encounter as Secretary of State with Soviet Foreign Minister Andrei Gromyko. But by the time the two finally met last week, the drum beats and trumpet calls from the capitals of the world had turned into a virtual symphony. NATO was convening in Brussels while the Warsaw Pact was gathering in Warsaw; Naples played host to a meeting of European Community foreign ministers, and Islamabad welcomed officials from the Islamic Conference states. Austria was celebrating the 25th anniversary of the end of postwar occupation, a glittering occasion that brought...