Word: aladdin
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Japanese bargain shoppers increasingly covet neglected American gambling casinos. Last April, Ginji Yasuda, a Korean-born Japanese, reopened the 1,100- room Aladdin Hotel in Las Vegas after buying the ailing complex for $54 million and spending $30 million more to restore its glitzy decor. He plans to shuttle customers from Japan in a posh jet equipped with sleeping cabins. Says Yasuda: "You have a lot of dreams still available in this country that you don't have in Japan...
Nuclear arsenals are going to be with us as long as there are sovereign states with conflicting ideologies. Unlike Aladdin with his lamp, we have no way to force the nuclear genie back into the bottle. A world without nuclear weapons is a utopian dream. Whichever party (there are more than two) successfully cheated and preserved even a fraction of its arsenal could achieve dominance. Even if all parties were actually to abide by an agreement to destroy strategic arms, all would, out of sheer prudence, be poised to resume production and deployment. Given that imprint of nuclear capabilities...
...first time in more than 20 years, the Teamsters have cashed in every chip. On Jan. 29 the fund received a final $37.25 million loan repayment on Las Vegas' Aladdin Hotel. "We are now certifiably out of casino investments," said Central States Executive Director George W. Lehr. Placed under tight federal oversight in 1982, the fund now invests through the firm of Morgan Stanley Group Inc., which has redirected assets mostly into stocks and bonds. Last year its portfolio climbed in value from $5.2 billion to $6.4 billion--a smart showing even by the bullish Wall Street standards...
...that he will dominate the art world for the rest of his life. If anyone doubts the implicit truth of Pablo Picasso's 1901 self-portrait, he has only to walk farther into Paris' new Picasso Museum, which opened last week. There, spread out like all the treasures from Aladdin's cave, are the gems of nearly three-quarters of a century of labor: 228 paintings, 149 sculptures, nearly 1,500 drawings and just as many engravings...
...recorded in the books of old that fair Scheherazade deflected the murderous intentions of her king and lord, Schahriah, by telling him stories every evening for 1,001 nights. She spun out tales of Aladdin and his magic lamp, of Sinbad's sailing on the seven seas, of Ali Baba and the 40 thieves. To titillate his fancy, she also spoke of three girls from Baghdad who danced & naked with a porter. Of a lady who beseeched two men to "pierce me with your rapiers." Of a woman's passion for a monkey, and a bear...