Word: accords
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...street. Today, the company's line of pleasantly stylish, relatively inexpensive and certifiably reliable sedans and sport-utility vehicles is tailgating the industry's best-known brands in several prime markets. In the U.S., where the Sonata offers a lower-priced alternative to Toyota's Camry and Honda's Accord, Hyundai's sales reached 419,000 cars last year?up 360% since 1998. In Europe, sales spurted 21% in 2004. In India, Hyundai's 17% share of the passenger-car market makes it the largest foreign automaker and the second biggest car company overall behind Maruti, a Suzuki subsidiary. Hyundai...
...question was whether this would further jeopardize any chance for negotiating the beginnings of an arms-control accord. That chance was never scintillating: the Soviets have offered deep cuts in nuclear missiles only if the U.S. cancels SDI, and Reagan at the U.N. reaffirmed his determination to proceed with that program. Reagan's introduction of other topics does not improve the prospects for bargaining on this score, and his proposals on regional conflicts, although justifiable, are unlikely to prove negotiable. It is remotely possible that the Soviets, seeking a way to extricate themselves from the endless guerrilla war in Afghanistan...
...insists that such a moratorium would be unverifiable. However, should the two sides wish to demonstrate that they can agree on something, there are a few possibilities. They could, for example, issue a strong statement on nuclear nonproliferation, a topic on which they are in rare complete accord. Neither Washington nor Moscow wants to see nuclear weapons developed by any additional nations...
...more substantive dealings with his guest, Reagan approved the signing of an agreement that will allow U.S. companies to sell nuclear reactors and nonmilitary nuclear technology to the Chinese government. He had initialed the accord on his visit to China 15 months ago, but the signing was stalled when U.S. intelligence officials said that Chinese scientists had been spotted at a plant in Pakistan where nuclear weapons were being developed. Since then, the Chinese have made several verbal commitments not to help other countries build nuclear weapons. These assurances were enough to satisfy the Reagan Administration. Unless both the Senate...
...trader: "It's a charade. Official prices are there to laugh at." Even the way the decision was made showed the extent of discord inside OPEC. Most cartel decisions have been by consensus, with the member nations at least presenting the appearance of a united front. No such accord could be reached last week. Instead, OPEC was forced to abide by majority rule, with Libya, Iran and Algeria going on record as opposed to the price cut. Nonetheless OPEC tried to look happy with what it had done. Was Saudi Arabian Oil Minister Ahmed Zaki Yamani pleased...