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...people incarnate modern Arab lore emerging from the magic elixir of oil. The oil price boom in 1973 began barely two years after seven gulf emirates-Abu Dhabi, Dubai, Sharjah, Ajman, Umm al Qaiwain, Ras al Khaimah and Fujairah-set aside tribal quarrels to form a loose federation. The cornucopia of oil money has yielded perhaps the highest per capita income in the world for Emirates citizens (in excess of $100,000 a year) and created a cradle-to-grave welfare state. But the Emirates face the most serious population imbalance in the region: of a population...

Author: /time Magazine | Title: World: Profiling the Gulf States | 9/22/1980 | See Source »

...raise could do the trick, Carey believing that high taxes would drive business from the city again. In the past few weeks Koch appears to have come around to Carey's view. Naturally, both leaders would prefer to rely on the Federal Government for help, but until that traditional cornucopia spills open, an increase in property taxes, which would not bring in enough, is about the only course of action available. Still, Koch has just about managed to eliminate the city's once gargantuan short-term debt of $4.5 billion. As Felix Rohatyn, chairman of the Municipal Assistance Corporation...

Author: /time Magazine | Title: New York, New York, It's a ... | 8/18/1980 | See Source »

California's Imperial Valley, just above the Mexican border, is one of the world's lushest agricultural areas, a cornucopia of fruit and vegetables, where several crops are harvested a year. What helped make this former desert bloom is a bountiful supply of federally subsidized irrigation water. Last week, in a victory for the valley's large landholders, the Supreme Court ruled unanimously that the Government must continue to provide them with low-cost water...

Author: /time Magazine | Title: Law: Cheap Water for a Lush Valley | 6/30/1980 | See Source »

...budget increases and abolished the business inventory tax. Moreover, Governor Jerry Brown has handed taxpayers $695 million in special tax credits. California's treasury has survived all these shocks in large part because of a hearty surplus fed by a vigorous economy that has become a modern cornucopia. TIME Correspondent Michael Moritz reports: California has the world's ninth largest economy-a gross product of $30 billion, bigger than Australia's, Canada's or Brazil's. Its 22.9 million residents' personal income will increase some 12% this year, compared with 10% for the nation...

Author: /time Magazine | Title: Business: California's Golden Touch | 6/9/1980 | See Source »

...that's only the serious, dramatic side of this versatile film. For comedy-lovers, Martin et. al have enriched The Jerk with a veritable cornucopia of third-grade potty humor. There are jokes about farting and saying "shit" and discovering sexual organs, to cite just a few. And for the more sophisticated viewer, say, a seventh-grader, The Jerk features a condom falling out of Navin's wallet when he meets Marie, not to mention jokes about Navin's naivete--like his misconception about the meaning of the phrase "blow job" or his run-in with a man named "Iron...

Author: By Nancy F. Bauer, | Title: Jerk-of-all-Trades | 2/7/1980 | See Source »

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