Word: callaghans
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...WORKING. The posters drew howls from ruling Labor Party benches in the House of Commons-thereby letting the opposition Conservatives know they had struck a raw nerve or two. The Tories had fired the first salvo in an undeclared campaign for the election that Prime Minister James Callaghan is expected to call some time in the autumn...
That crisis could occur sooner than Nyandoro anticipates. British intelligence recently advised Prime Minister James Callaghan that the breakaway colony is on the verge of collapse. The most optimistic forecast was that even if the voting and negotiations toward majority rule were stalled, Smith and his black colleagues could still survive attacks by the Patriotic Front until spring. The most pessimistic view: massacre and mob rule by September...
...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 imposed on the rest...
...engines for its medium-range ATMR; the other is from Boeing, which wants both British engines and wings for its 757. Supporters of the Boeing project claim it would mean 17,000 new jobs for British industry. Even Britain's most strongly pro-European newspaper, the Guardian, argued that "Callaghan should choose the project which promises to sell the most airplanes. This is not a dilemma in which Euro-loyalty ought to play too large a part. There can be scarcely any doubt about the sales prospects. Boeing or Douglas have the best chance of selling their products...
...Schmidt promised to do what he had planned even before the summit: put in a stimulus plan. It calls for pumping $7 billion into the West German economy, largely through tax cuts, and should make his country a larger buyer of imports. Britain's James Callaghan, who faces elections in the fall, was the most cautious. He pledged only to continue his present policy of expanding output by a modest 1 % while keeping up the fight against inflation, now down to 7.4% from 27% four years ago. President Valéry Giscard d'Estaing promised...