Word: instead
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Dates: during 1990-1990
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...from unstinting support of their respective allies in the Middle East. That has forced realignments in the Arab diplomatic constellation and weakened Israel's once unchallenged claim to being of strategic importance to the U.S. But the unwinding of East-West tensions has done little to alleviate regional stresses. Instead, the Middle East arms race is escalating...
...just lose sleep. But probably. To begin with, there are the aforementioned commissions. On top of that, if the stock pays a dividend, you don't get it -- you pay it. (With short sales, everything works in reverse.) Mainly, though, if the stock you've shorted goes up instead of down, you lose a dollar for every point it climbs...
James Kinsella, author of Covering the Plague: AIDS & the American Media (Rutgers University Press; $22.95) aptly catalogs journalism's sins in this area. He faults newspapers for serving up vague gibberish about the exchange of "bodily fluids" instead of explaining AIDS transmission in easily understood terms. He criticizes the gay press for tiptoeing around the story initially and -- in at least one case -- for focusing on a featherbrained medical-conspiracy angle. He condemns the TV networks for using fuzzy, ambiguous language. He raps the minority press for largely ignoring the story, and the newsmagazines for coming to it late...
...which Lithuania declared outright independence, but sympathy with the decision is widespread. Says Enn- Arno Sillari, First Secretary of the independent Estonian Communist Party: "I'd like to think the Lithuanians are paving the way for us." The Estonians prefer to take more measured steps toward sovereignty. Instead of a complete break with Moscow, the Supreme Soviet two weeks ago called for an unspecified transition period leading to "the formation of the constitutional institutions of the Republic of Estonia...
...such a battle, the raider, instead of trying to buy up a majority of the company's stock, holds a smaller stake and seeks to engineer a coup by enlisting the support of other stockholders. Unlike more routine shareholder proposals, which try to persuade management to change its stance on, say, investment in South Africa, the goal of a proxy fight is to urge stock owners to throw management out altogether. They may do so by casting their votes, in the form of variously hued proxy cards, for the dissident raider and his own roster of director nominees, who promise...