Word: bonnes
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...French President Valéry Giscard d'Estaing to insulate Europe from fluctuations of the dollar, the plan had won approval in principle at a Common Market summit in Bremen last month, and had been presented to President Carter and other leaders of the industrial West at the subsequent Bonn summit. British Prime Minister James Callaghan, however, remained cool toward the idea. In the first place, the British?and for that matter, the Italians as well?are reluctant to tie the pound and other weak European currencies to the superstrong West German mark. Second, London feels that the scheme was somehow...
Perhaps. At Bonn there were a refreshing spontaneity and a more realistic approach to problems than in the earlier meetings. Said Jimmy Carter: "We don't pull any punches in our private meetings. We are very forceful, very argumentative at times...
Earlier summits had produced grand, and unfulfilled, plans for encouraging economic growth. But at Bonn the leaders moved toward specific solutions for individual difficulties. In essence, each participant would attempt to correct problems that are hurting trading partners and retarding recovery. As one Italian diplomat quipped: "It's a bit like being sent home by the teacher with a homework assignment in your weakest subject...
Having made some pledges at Bonn, the leaders now must try to sell them to their legislatures back home, and in several cases that will be difficult. Here is an area-by-area rundown of the plights and promises of the Seven...
...Bonn summit, the leaders of the Seven achieved a positive move in that direction by agreeing to combat inflation while seeking to encourage moderate growth. But those good intentions must now be translated into action. Otherwise, the world seems destined to move unevenly from one quick-fix summit to the next without ever coming to grips with the underlying problems...