Word: dipping
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Long a source of grim jokes and bitter complaints by the Soviet public, the chronic shortage of many consumer goods has only worsened under perestroika. Nonetheless, the Kremlin has been reluctant to dip into its hard-currency reserves (around $40 billion, according to Western estimates) to buy consumer goods from the West. But faced with rising discontent, Deputy Minister of Trade Suren Sarukhanov announced last week that the Soviet Union has signed contracts with companies from ten foreign countries to supply products with a retail value of some $2 billion in the hopes of at least temporarily quelling demand. Among...
...sting more than William Gates, 33, the boyish-looking co-founder and chairman of the software- manufacturing firm. His 38% stake in Microsoft left him nearly $175 million poorer -- on paper. (His shares are still worth $1.1 billion.) Investors dumped the stock after hearing that profits were about to dip because of unanticipated delays in shipping two new versions of Microsoft's word- processing program...
...have called in the past on the University to dip further into the interest on its $4.8 billion endowment to ensure that lower- and middle-income students will not be forced to choose between assuming large amounts of debt after graduation and attending Harvard. Clearly, the costs of running one of the world's preeminent research universities are enormous, but the University must make sure that it lives up to its commitment to offer education to students from all backgrounds. At the very least, the University should provide the student body with a credible, specific summary of where exactly...
Zvoo-o-o-o-o-o-o-OOOOP!!! Donald Trump's helicopter has just taken a sickening dip to one side several hundred feet over the outflowing sludge of New York harbor. When the wind is 30 m.p.h., death suddenly seems like something on which one of Trump's Atlantic City casinos might offer unpleasant odds...
Today the Celtics travel to Chicago to face Michael Jordan, and the four players who pass him the ball. If the Celtics play at all like they did against Cleveland last Friday night--the final score was Cavaliers 112, Celtics 84--they will dip below .500 and find themselves in a struggle for fourth place in the Atlantic Division with the New Jersey Nets...