Word: hurt
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...swooped in low, dropping several bombs and strafing the area with machine-gun fire. "That was President [José Napoleón] Duarte's Christmas present to us," remarked María Cruz Amaya, who says she spent most of the day hiding in the brush. As it happened, no one was hurt in the raid. Indeed, Armed Forces Chief of Staff General Adolfo Blandón later denied to TIME that there had been any recent air attack on La Joya. Such charges, he said, were a "trick" by the rebels to "ruin the prestige of the armed forces...
...Cabinet meeting. He followed that flamboyant gesture by charging Brittan with trying to pressure British Aerospace into pulling out of the European consortium. Brittan denied the claim, but conceded that he had warned British Aerospace that a decision against Sikorsky might be considered anti-American and could hurt the firm's U.S. sales, which account for about 12% of revenues...
...danger, though, is that industries will be hurt by imports once trade barriers come down. To give Spanish and Portuguese manufacturers a fighting chance, the E.C. will let the two countries drop their tariffs over a seven-year period. Increased competition could eventually make businesses stronger by encouraging them to be more efficient and innovative. In addition, a freer exchange of products and ideas with the rest of Europe will help Spain and Portugal gear up their lagging economies for the 21st century. Said Leal: "For four centuries we have looked at our problems in a very inward...
...doubt that mergers necessarily produce strong companies. "You don't put two turkeys together and make an eagle," said Stephen Rhoades, a Federal Reserve economist and author of a book on mergers. "I don't think there is any significant evidence that permitting more mergers in industries that are hurt will help them a bit." Marvin Kosters, an American Enterprise Institute economist, was also unimpressed: "Most industries in which we have had competitive difficulties recently are not exactly filled with a bunch of pygmy companies...
...political memoirs. This capital à clef was written by onetime White House Intimate Christopher Buckley, 33, former speechwriter for Vice President George Bush, as well as the son of Conservative Columnist William F. Buckley, an old friend of the Reagans'. The novel, however, "doesn't seem to have hurt any feelings," admits Buckley. "Maybe I've failed...