Word: summering
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Dates: during 2000-2000
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...position to target the U.S. with a long-range missile by then. To meet the deadline, however, the U.S. has to start work next spring on an advanced radar site on the Alaskan island of Shemya, where fearsome temperatures make construction work possible only during the summer months. But as soon as first concrete is poured on the site, Washington will be in violation of the 1972 ABM treaty severely limiting the extent of missile defense deployed by Washington and Moscow. Clinton wants the Russians to renegotiate the treaty to allow the system's deployment, but the answer thus...
...missile-defense system without Moscow's consent may compel Moscow and possibly Beijing, too, to deploy more missiles in order to achieve the capacity to overwhelm a U.S. interceptor system, therefore maintaining the deterrent value of their own arsenals. Although President Clinton is committed to making a decision this summer over whether to proceed with building the initial phase of the system, he may be tempted to use the system's patchy performance in prototype testing as an excuse to leave the decision to the next president and neutralize it as an election issue...
...Thursday's decision, of course, will bring Elian back into the headlines, a sight for the sore eyes of the nation's news editors in an otherwise dolorous early-summer news cycle. But whether this marks the saga's denouement depends on the content of that decision, and the response of the Supreme Court judges on whose shiny table the Elian folder is bound to eventually land. The only outcome that would allow Juan Miguel to take Elian home as soon as possible would be if no higher court extends the injunction that has obliged him to stay. In other...
...keys are about as large as Tic Tacs. But for some, these stripped-down games are the perfect way to kill time while waiting for the bus or standing in line at the supermarket. Every Nokia phone sold today comes with four or five games built in. This summer Ericsson will offer phones with mini versions of Tetris and Solitaire. And at an annual gaming convention two weeks ago in Los Angeles, Nokia announced a developers' program that will bring to cell phones everything from chess to quiz games to action-adventures by next year. Don Mattrick, president of worldwide...
Indeed, the bond market appears to be pricing in a quarter-point increase in June and possibly another late in the summer, but nothing beyond. That's not an all-clear sign, but the bond market's configuration today offers a classic reading for the slower growth Greenspan wants dead ahead. Normally, longer-term maturities on interest-paying investments like the 10-year Treasury note carry the highest yields because an investor assumes more risk over that extended period before getting back his principal. Now, however, the yield on 10-year Treasuries is around 6.5%; on two-year Treasuries, about...