Word: breaches
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...Soviets have helped Carter out with this handicap of his. They lied to him about their involvement in Africa. Andrei Gromyko's eyeball-to-eyeball prevarication on that occasion is perhaps the greatest breach of diplomatic trust yet experienced by Carter. He believes the Chinese have never lied to him. Beyond that, when the President discussed the world with Teng, both men were somewhat surprised at how much they agreed about Western Europe, Africa, the Middle East. Even at this tentative stage, the Americans who are looking ahead to the Brezhnev meeting see that there will be substantive confrontations...
...offer. McGraw apparently won unanimity by harping on his two main arguments: 1) that an Amexco takeover would undermine the editorial independence of McGraw-Hill publications, especially Business Week and the Standard & Poor's bond-rating service, and 2) that Amexco President Roger Morley had committed a "serious breach of trust" by serving as a McGraw-Hill director while Amexco was preparing its bid-a charge that McGraw repeated in a letter to share holders announcing the rejection...
...Amexco "lacks the integrity, corporate morality and sensitivity to professional responsibility" essential to McGraw-Hill's operations. He claimed that Robinson had agreed last summer not to bid for McGraw-Hill after his informal overtures had been turned down, and that he was now guilty of "an unprecedented breach of trust." McGraw thundered that Morley, by continuing to sit on the McGraw-Hill board until the bid was made, "clearly violated his fiduciary duties to McGraw-Hill and the stockholders ... by misappropriating confidential information and conspiring with American Express" to acquire McGraw-Hill on the cheap. McGraw wound...
...increase for hospital workers; failing that, 2.5 million public employees will stage a sympathy strike, followed by a crippling one-day general walkout. After six hours of fruitless talks, the Premier has had enough. "No!" he declares angrily. The nation's inflation rate is at 12%. To breach wage guidelines with yet another raise for a major union would destroy the government's efforts to stabilize the economy. Startled by the Premier's vehemence, the union leaders accept his face-saving compromise for a raise that falls below government limits...
...Nkomo's Zimbabwe African People's Union and the Zimbabwe African National Union led by Marxist Robert Mugabe. As more of the Rhodesian countryside falls to the rebels, squabbling over territory could easily flare into fighting. Efforts by Nyerere and other front-line leaders to heal the breach have been to no avail. "We have been working to get them to build a single army, but we have failed,'' admitted Nyerere with a sigh. "What I fear is the possibility that once Smith is out and there is no single army and single authority, then really...