Word: agreement
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Dates: during 1980-1989
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...between Texas Air Chairman Frank Lorenzo and the machinists at Eastern Air Lines. Since 1987 the International Association of Machinists and Aerospace Workers (I.A.M.) has staunchly resisted Lorenzo's demands for wage concessions. At midnight last Friday, after more than a year of federal mediation failed to produce an agreement, the union launched a strike that is producing havoc for the carrier's 100,000 daily passengers and could throw East Coast airports and other transportation hubs into turmoil...
...Bush refused to intervene, contending that such a move was unlikely to produce an agreement. He also warned the unions against staging secondary boycotts of other carriers. As the strike deadline approached, Eastern's management made a last-ditch offer to reduce its wage-concession demands to $125 million, but IAM viewed the concessions as still too large...
What spurred the investments was Tokyo's agreement last June to lift trade restrictions that limited imports of U.S. beef to 14% of Japan's market, which last year totaled 676,000 tons. Since Japanese meat companies expect to import much more U.S.-grown beef, they realize that if they own some of the American cattle operations, they will have a larger stake in the profits...
...last time the Central American governments coordinated a peace negotiation was in 1987 in Guatemala, when both the Reagan Administration and the Democratic Speaker of the House were concocting their own plans for the region. The regional agreement, known as the Arias Plan, was met with distrust and discouragement from the Republicans...
...military and ARENA have both rejected the rebel offer, effectively eliminating it as a plausible alternative. But the FMLN initiative has fueled public expectations for peace. Washington responded with reserved praise for the meeting, which ended with an agreement that the government and the insurgents should begin peace talks immediately...