Word: callaghans
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...serving under him. But there was surprise at Gearhart's sentence. He was arrested only a few days after he arrived in Angola and denied ever firing a shot. Evidently, his ad in Soldier of Fortune was taken as proof of evil intent. British Prune Minister James Callaghan cabled a plea for mercy for the men to Angolan President Agostinho Neto, who alone has the power to reduce the sentences...
...chance of gaining the Republican nomination over Challenger Ronald Reagan. The summit did serve that purpose. Ford, who is at his best in small groups, enhanced his status as a world statesman last week by playing the charming and well-briefed host to British Prime Minister James Callaghan, French President Valery Giscard d'Estaing, West German Chancellor Helmut Schmidt, Italy's lame-duck Premier Aldo Moro, Japanese Premier Takeo Miki and Canada's Prime Minister Pierre Trudeau...
...Italian Premier Moro and British Prime Minister Callaghan listened attentively-but both face such sensitive political pressures at home they are not free to put the Puerto Rican summit advice into practice. Any Christian Democrat who forms a post-election Italian government will have to gain the support of the Communists for an effective economic stabilization plan. The result might be unacceptable to Western financial experts, and their refusal could push Italy farther down the path toward financial ruin-and hasten the time when the Italian Communists do come to power...
Aware of the pressures from the left wing in his Labor Party against budget cuts, Britain's Callaghan openly told his summit colleagues that "we set a series of common objectives, but we are each going our own way to achieve them." The divergence of approach may spell trouble in the coming months, but a commitment of world leaders to fight inflation is highly useful-if only it can be made to stick...
...calculation is that each drop of 4% in the ex change rate of sterling adds 1% to domestic inflation, thus threatening the recent improvement (the rate has dropped 6.6 points in the last six months, to an annual pace of 13%). Still, once the spin began, Prime Minister James Callaghan and his Chancellor of the Exchequer Denis Healey had little choice but to steel their nerves and let the drop in the pound run its course...