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...accord would require that most American and British banks set aside higher-than-normal amounts of capital to cover losses on their riskier loans. British banks have been subject to risk-based capital requirements for several years, but U.S. banks must currently set aside reserves amounting to only 6% of total assets, however speculative their investments...

Author: /time Magazine | Title: BANKING: A Jolly Good Agreement | 1/19/1987 | See Source »

...week's end maritime workers and the government reached a provisional accord containing concessions for the strikers. The rail strike continued unabated, however, and France's largest labor group, the Confederation Generale du Travail, called for stoppages in public utilities and Paris bus and Metro service to support demands for higher wages and work-rule changes. The deepening confrontation came just weeks after Premier Jacques Chirac bowed to student protesters in December by withdrawing plans to reform France's universities...

Author: /time Magazine | Title: France: Going off The Tracks | 1/12/1987 | See Source »

...obliged to make a corresponding reduction in another area of its nuclear arsenal. The White House decision to field the bomber and not scrap a missile-carrying Poseidon submarine to keep within SALT II bounds amounted to the first acknowledged violation of a major arms accord by a superpower...

Author: /time Magazine | Title: Over the Top | 12/8/1986 | See Source »

...Initiative, commonly known as Star Wars. Gorbachev told a group of Indian leftists that the plan was a "voracious monster" based on a "fundamentally inhumane" concept. The U.S. decision to deploy another B- 52 bomber capable of carrying nuclear missiles, the Soviet leader said, violated the 1979 SALT II accord and ran counter to the spirit of the October summit...

Author: /time Magazine | Title: Diplomacy Cordial Passage to India | 12/8/1986 | See Source »

...arms talks in Vienna, on the periphery of a 35-nation Helsinki review conference, focused on the tentative agreements between Reagan and Gorbachev to reduce nuclear weapons and the dispute over Star Wars, which sidetracked an accord in Reykjavik...

Author: NO WRITER ATTRIBUTED | Title: Arms Control Talks Break Off Bitterly | 11/7/1986 | See Source »

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