Word: stringent
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Dates: during 1990-1999
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...focus of contention at the moment is the Wellington Convention, an international agreement that would establish rules governing oil and mineral exploration and development in Antarctica. Proponents say the convention, painstakingly drafted during six years of negotiations, contains stringent environmental safeguards. But many environmentalists see the convention as the first step toward the dangerous exploitation of Antarctica's hidden store of minerals. They argue that the continent should be turned into a "world park" in which only scientific research and limited tourism would be permitted...
...where $40 billion worth of pharmaceuticals is sold annually, the price of prescription drugs has jumped 135% over the past decade; inflation rose 53%. The same trend holds in Western Europe, another $40 billion market. To keep costs down, the West German government last September resorted to stringent price controls on drugs that could cut pharmaceutical revenues there as much as 40%. Last month Japanese authorities cut prescription prices an average of 9.2%. "The price of drugs is running out of control," warns Democratic Congressman Henry Waxman, chairman of the House subcommittee on health and the environment and a leading...