Word: boom
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According to City Councillor David E. Sullivan, chairman of the council's economic development, manpower, and employment committee over 15,000 jobs will be created over the next fifteen years as a result of the "boom of development" now underway in Cambridge...
When the ski boom hit in the late 1960s, Aspen quickly emerged as its glamorous headquarters. Tourists flocked to the old Colorado silver-mining town turned winter resort, lured by the 11,300-ft. Aspen Mountain, the classy lodges and chic crowds. Its glittery, fast-lane image later included pricy real estate and such open cocaine use that it acquired the nickname "Toot City." Artists, ski bums and a coterie of rich and famous, including Actor Jack Nicholson and Troubadour John Denver, settled in what Denver dubbed "the sweet Rocky Mountain paradise." Now, as the ski craze cools and recession...
...unwanted aliens had come to Nigeria over the past five years to take jobs created by the country's oil boom. But Nigeria's economic bubble has been punctured by the recent decline in world oil prices. On Jan. 17, Minister of Internal Affairs Alhaji Ali Baba announced that the alien workers, most of them illegal entrants to black Africa's most populous state (85 million), had two weeks to leave the country. The suddenness of the decree sparked a panic among the Ghanaians and some 700,000 other foreign workers from Benin, Togo, Niger, Cameroon...
DIED. Yang Sun Nyo, 66, mother of South Korean Lightweight Boxer Kim Duk Koo, who died after a title fight with Ray ("Boom Boom") Mancini last November; by her own hand (she drank a bottle of pesticide) after becoming despondent following her son's death; in Kojin, South Korea...
Doctoral programs expanded at a fierce pace in the wake of the baby boom of the '50s and '60s. While only 107 institutions granted doctorates in 1940, 326 award them today. Some 30,000 new Ph.D.s graduate each year, but only a projected 100,000 academic positions will be available from...