Word: businessmen
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...public approves of the President's performance. But it is still too early for Alfonsin to declare a total victory in his campaign to restore international respect for Argentina. He has promised union leaders a still undetermined wage increase early next year to make up for lost purchasing power. Businessmen are clamoring for similar price relief. The trials next year of the 300 lower-ranking officers accused of crimes in the dirty war--and a separate trial, now under way, of Galtieri and two other junta members for mismanaging the Falklands war--will stir up more debate over who bears...
...speech to the U.S. businessmen, Gorbachev offered only moderate encouragement. The Soviet leader criticized American policies that link trade with politics. One U.S. law, for example, limits trade because of Soviet barriers to Jewish emigration. Even so, at least one new deal has been struck. Avon Products announced an agreement last week to swap about $4 million of its cosmetics for Soviet china and crystal...
...consolidate. Federal Reserve Chairman Paul Volcker has warned that the borrowing is not "compatible over time with economic and financial stability." Warren Buffett, an investor with large holdings in Capital Cities and other firms, is blunt: "One day junk bonds will live up to their name." Many economists and businessmen believe that the U.S. cannot have a strong economy if it is based on companies burdened by too much debt...
...every taste. One of President Reagan's favorite restaurants, Chasen's, is a local landmark to snobbery. An inordinate number of other acclaimed eateries --Spago, Trumps, Morton's, Scandia, the Ivy--also flourish. So do a fistful of opulent hotels, including Le Bel Age (a classy favorite of businessmen), the Sunset Marquis (occasional host to Bruce Springsteen and Cyndi Lauper) and Le Mondrian (boasting a $1 million rainbow paint job, nightly jazz and some of the best panoramic views in town...
Despite all these festive arrangements, sales are starting slowly for local businessmen, who generally look forward to the period between Thanksgiving and Christmas to generate the biggest sales of the year...