Word: rating
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Dates: during 1980-1989
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...risk? The President and his aides feared that China was slipping into a mood of angry isolation that would be no help for world stability. Bush, who lived in Beijing as U.S. envoy for 13 months in 1974 and '75, fancies himself an old China hand. He seems to rate preserving the carefully nurtured U.S. strategic relationship with China well above human-rights considerations, which he has always valued below the need for order and stability in world affairs. When former President Richard Nixon and former Secretary of State Henry Kissinger returned from exploratory trips to China with the news...
Decaying labs and desperately low salaries have made hiring another FDA travail. Some important drug-review posts have an annual turnover rate of 20%. At least one former FDA official believes many new employees use their stint at the agency to bolster resumes that are then quickly circulated to industry...
...Phillips Brooks House (a first-rate collection...
...Valdez spill was only a trivial occurrence compared with the far- reaching, perhaps irreversible processes that were unfolding around the world. The earth's population, now 5.2 billion, rose in 1989 an estimated 87.5 million, maintaining a growth rate that could double the number of human beings by the year 2025. Deforestation and burning of fossil fuels spewed at least 19 billion tons of carbon dioxide into the atmosphere, aggravating the global warming process that could cause the average worldwide temperature to rise as much as 4.5 degrees C (8 degrees F) within the next 60 years. Another 11.3 million...
That crisis could soon become worse, because new requirements designed to strengthen the thrifts could instead push many of them into extinction. Starting last week, S&Ls must greatly increase their capitalization as a hedge against losses from problem loans, interest-rate swings and bad investment decisions. Among other things, they will be required to maintain "risk-based capital" equal to 6.4% of their risky assets, such as shopping centers and fancy resorts. Because many thrifts are only marginally profitable, raising the funds to meet the standards may prove impossible for them. Some analysts warn that half the nation...