Word: caravaneer
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...pressure builds on U.S. companies to leave South Africa, the caravan of departing corporations grows steadily longer. More than 100 U.S. firms have quit the land of apartheid during the past 2 1/2 years, and last week three big names -- Citicorp, Ford and ITT -- joined the crowd at the exits. The magnitude of the American pullout has raised some crucial and highly controversial questions: What happens to the businesses that U.S. companies abandon? Are South Africa's blacks better or worse off? Has divestiture had any impact on the country's economic and political climate...
...pull from his helmet, like a treaty with the Soviet Union to reduce intermediate-range nuclear missiles. There will be vetoes, and Reagan may still have to order the fleet here and there in the Persian Gulf, acts of institutional power. But the crusade is almost winded, the caravan dispersing. The great surges of political energy, the wide-screen visions that moved America, are headed for the memoirs. "Let's face it," mused one dedicated partisan about the last year of the Reagan Revolution, "not many people are going to be interested after the first vote." That comes in Iowa...
...Mexican workers. The maquiladoras, thunders Victor Munoz, president of the AFL-CIO's 12,000-member Central Labor Union in El Paso, are "a scam, a con game. All they're creating is more profits." In February union workers surrounded a maquiladora trade show in El Paso with a caravan of trucks. Last week a team of U.S. analysts began a study of the border region for a House subcommittee that is examining the impact of the factories on the U.S. economy...
...Porsche 944. Shapiro pays only about $450 a month for the Porsche -- considerably less than the $800 a month he figures a conventional auto loan would cost him. Tom and Dede Spencer of Kirkwood, Mo., a suburb of St. Louis, decided to lease their 1987 Dodge Caravan for $367.50 a month. They can spend the money they would otherwise use for a car down payment for new carpeting and the delivery-room bills for their new baby...
Last week, when the Austin Peay Governors came home to Clarksville, Tenn., overtime losers to Providence after conquering Illinois, the whole town met them at the interstate in a caravan complete with fire engine and mayor. Senior Forward Bob Thomas missed the foul shot that would have won the Providence game in regulation, and the anguished picture of him leaving the court is one of the tableaus of the tournament. Thomas was the last player to get up to speak to the caravan, but he never got anything out for all the cheering...