Word: largest
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Dates: during 1990-1990
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...policy would "continue these minority scholarships as best we can." But civil rights advocates and educational professionals immediately cried foul. The latest policy twist, they charged, was administratively unworkable, legally shaky and likely to invite endless litigation. Moreover, by outlawing the use of general funds, the ruling placed the largest source of money for minority scholarships off limits. "On issues of race and sex discrimination, Bush is merely Ronald Reagan in sheep's clothing," fumed Ralph Neas, head of the Washington-based Leadership Conference on Civil Rights...
...derision. To Kuwaitis, the staggering fortune their nation has accumulated, and particularly the way it has been invested and saved, is a matter of pride. With 94.5 billion bbl. of oil in the ground, enough for more than a century of production, Kuwait boasts the world's third largest proven petroleum reserves. But unlike other nations, which spend their oil revenues almost as fast as they come in, Kuwait long ago decided to save for the future. So successful has the effort been that for some years before Saddam's perfidy, Kuwait was reaping more yearly income from its overseas...
While Kuwait's investments bring in about $20 million a day, the economy-in- exile is driven by another engine as well, the Kuwait Petroleum Corp., the world's 12th largest oil company. From its London office on New Bond Street, KPC and its subsidiaries own and operate a fleet of tankers, oil and gas exploration companies in 22 countries on five continents, and 6,500 Q8 gas stations situated throughout Europe...
...shortages -- and that cannot be solved by credits alone. "If the problem isn't with how much they can grow, the solution isn't going to be in how much more they can buy abroad," notes Richard Feltes, vice president of Chicago-based Refco, one of the world's largest commodities brokers...
...agents who burst into the Ravenite Social Club, a red brick Mob hangout in New York City's Little Italy, apparently surprised John Gotti. But true to his well-polished celebrity image, the alleged boss of the nation's largest and most vicious Mafia family quickly regained his composure. After he was pushed into a car in handcuffs, impeccably dressed as always (for this occasion, in a double-breasted pinstripe suit with a bright yellow scarf dangling rakishly from around his neck), the "Dapper Don" of tabloid fame grinned at reporters and dismissed his latest arrest with an airy...