Word: aid
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Dates: during 1980-1989
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...need for increased World Bank lending grows graver every day. U.S. and international aid officials were closeted last week with representatives of the second-largest Third World debtor, Mexico. A major oil producer, Mexico has been badly hurt by the plunge in petroleum prices and is desperately trying to renegotiate the terms of its $98 billion debt...
Taking a larger role in such crises will be a novel experience for both Conable and the World Bank. The bank was founded in 1945 as the chief conduit for aid to war-torn Europe and Japan. It was viewed as a source of 15- to 20- year development loans, while the International Monetary Fund was created simultaneously to provide short-term lending to countries suffering from balance of payments problems. Since World War II, though, the World Bank has * evolved from a long-term lender for Third World public works to a technocratic antipoverty institution with some...
Jaruzelski is banking on Moscow's support to help implement the economic- reform plan endorsed by the congress last week. The program includes giving greater authority to plant managers and holding down wages to help beat inflation. Jaruzelski also hopes to boost exports to aid in repaying some of Poland's $31 billion foreign debt. He would like to enlist the aid of the U.S. as well. But a resumption of normal relations is unlikely, since Warsaw refuses to meet the U.S. demand for a "national reconciliation" that would recognize the opposition and end human-rights abuses...
Harvard had argued that cuts to meet Gramm-Rudman goals would disproportionately target federal funding for university research and student financial aid. Funding for higher education, unlike some other domestic spending, is not specifically protected against sharp cuts under Gramm-Rudman, and experts argued that such funds do not carry the political clout to be spared of the congressional...
...another decision last week, the court ruled 6 to 3 that most airlines are exempt from a 1973 law that bars recipients of federal aid from discriminating against the handicapped. The case was brought by three organizations, including the Paralyzed Veterans of America, which noted that some airlines subject the handicapped to humiliations like requiring them to sit on blankets for fear they will not be able to make it to the bathroom. The court found that airports, not airlines, are the recipients of current federal aid programs. Thus airlines are not bound by the strings attached...