Word: accords
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Dates: during 1990-1999
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...subsidy accord is crucial to the rescue operation, for private companies will not cut back unless their state-owned competitors are brought to heel. Europe's private steelmakers have warily agreed -- in principle only -- to a $1.1 billion shutdown scheme that the E.C. and member states plan to sweeten with $3.1 billion more for unemployment benefits and retraining. After last week's fiasco, officials pleaded for more flexibility from Rome. But either way, the lesson is clear: the longer the delay, the more painful the cure...
NAFTA or no NAFTA, however, the squeeze on jobs continues. This is one subject on which expert and public opinion are in rare accord. In the latest TIME-CNN poll by Yankelovich Partners Inc., 54% of those questioned thought it will be harder to find a job during the next year than it has been over the past 12 months, vs. 29% who thought the search would be easier. Two-thirds believed that job security has deteriorated over the past two years, although those years have seen continuous economic growth. When those giving this response were asked whether the insecurity...
...breakdown in current negotiations over the 111-nation General Agreement on Tariffs and Trade, which aims to reduce trade barriers throughout the world. As a Dec. 15 deadline approaches, those talks have bogged down on several issues, especially the European Community's insistence on renegotiating an agriculture accord that is a sticking point for France in particular. Writing in the Financial Times, U.S. Trade Representative Mickey Kantor recently warned that if Europe balks, "U.S. trade will continue to expand with Asia and Latin America, and Europe will be left...
...most important clause in the entire 2000 page accord lies in the early pages of part one, which specifically states that the treaty establishes "a framework for further trilateral, regional and multilateral cooperation to expand and enhance the benefits of this agreement...
...disturbing thesis advanced by many of the supporters of the accord is that Mexicans will be content to stay locked in a low-wage, low-skills cycle. The increasing productivity of workers from developing countries cannot be summarily dismissed. No self-respecting or visionary leader could countenance such a future for her people...