Word: british
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Dates: during 1980-1989
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...Motors are eager to strengthen their positions in the moneymaking high end of the luxury-car business. The automakers have fixed their gaze on Britain's Jaguar as the car of choice in the upscale market. Last week Ford declared that it may bid to buy Jaguar when the British government's restrictions on individual stakes in the firm expire at the end of next year. Ford currently controls 13% of Jaguar's stock...
Ford's salvo came as GM was negotiating a joint venture and minority stake in the successful but cash-strapped British carmaker. Now analysts expect that GM may be forced to try to buy the firm outright to prevent Ford from making a hostile raid. Should the battle between the two U.S. giants become heated, analysts predict, Jaguar shares currently valued at $2 billion might fetch as much as $2.9 billion...
...aging English butler looks back on his decades of service in a stately house. The meaning of his memories is not always clear to him, but it is to the reader, thanks to Japanese-born novelist Ishiguro's deadly, deadpan dissection of the British class system...
...answers could be found there on just what to do with these famous fellows. Keynoter Daniel Boorstin, former Librarian of Congress, suggested creating "a House of Experience," like the British House of Lords, where retired, talented Americans could offer their wisdom. Public television's pragmatic Roger Mudd pointed out that the last thing a new President would welcome would be an official pulpit for the guy he just ran out of office...
...East European notions of reform become incompatible? What if, for instance, Hungary or Poland should choose to withdraw from the Warsaw Pact? "We keep thinking that Hungary, Poland and East Germany have hit the threshold of Soviet forbearance," says David Ratford, a Soviet and East European expert in the British Foreign Office. "We are at a loss to explain how the threshold has been moved time and time again...