Word: agreement
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Dates: during 1980-1989
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...last Wednesday evening were not exactly festive. Looking tired and tense, the silver-haired chief executive officer of Drexel Burnham Lambert discussed the settlement that Drexel had reached that day with federal prosecutors to end the largest probe ever of a U.S. securities firm. Declaring that the long-awaited agreement "makes sense from a business and human point of view," Joseph, 51, tried to be upbeat. The deal, he said, would leave the firm "in a very strong financial position, and allows us to refocus our energies on running the business successfully...
Even so, the final outcome remained uncertain as the two principal players repeatedly thought they had an agreement, only to find that the other had failed to deliver what had been expected. In the end, it was the persistent middleman efforts by Swedish diplomats that helped close the deal...
...agreement elicited warm praise from Cuba, Angola and the U.S., which sees the protocol as the fruit of nearly eight years of artful, arduous negotiation by Crocker -- helped along toward the end by the new spirit of cooperation between Washington and Moscow. U.S. officials credit the Soviets for employing "cajolery and arm-twisting" that made the Cubans and Angolans more flexible, particularly during the crucial round of talks at which a withdrawal timetable was worked out. SWAPO welcomed the accord but expressed doubts about South African intentions. The only guarantee of Pretoria's keeping its word after signing the agreement...
South Africa, for its part, is concerned that the Cubans may find a way to avoid living up to their end of the bargain. Despite a stipulation in the Brazzaville protocol that Cuba and Angola will reach an agreement on verification arrangements subject to U.N. Security Council approval, Botha has pushed strongly for guarantees that no Cuban troops will remain in Angola after the deadline. The Brazzaville agreement also did not address the continued presence in Angola of bases manned by anti-South African fighters of the African National Congress...
...delivered 553 of the newer model to some 41 airlines, and has orders for 275 more. The company is helping build a similar jet, the MD-82, in Shanghai. China's state airline, CAAC, plans to use the aircraft on its domestic routes. Under a $600 million licensing agreement with the Chinese government, the California firm is providing the parts for 25 of the jets...