Word: central
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Dates: during 1980-1989
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Although the U.S. Congress had approved the pact, the Canadian parliament had refused to accept it unless Mulroney called an election. The trade agreement quickly became the central issue of the campaign. Mulroney defended it as a strong effort to liberalize trade and spark economic growth, while his opponents--Liberal John Turner and New Democrat Ed Broadbent--argued that it jeopardized Canadian social programs...
Despite the world map branded with a giant M, the London headquarters of Robert Maxwell's communications empire is conservative by U.S. corporate standards. Yet there is nothing modest about the man at the round table, his command central. "Captain Bob" coined by the press -- is a boulder of a man: easily 250 lbs., and 6 ft. 2 in. tall. His ruddy face is a cross between Leonid Brezhnev's and Robert Mitchum's. His abundant hair, dyed black, is slicked back '30s style to counterpoint bushy black eyebrows that can appear deceptively clownish...
...weeks ago, the party's Central Committee announced a mid-1989 plenum to discuss the sensitive ethnic issue; the outcome may help shape a policy that goes beyond current disjointed prescriptions. In examining the Soviet Union's ethnic dilemma, TIME offers a report on the two republics that present Gorbachev with his greatest challenge: Estonia and Armenia...
...perfect launch day at the Baikonur Cosmodrome in Soviet Central Asia. Winds were gusting; a cyclone was reportedly moving in from the Aral Sea. The temperature was near freezing. Flight officials held an urgent meeting, then made their decision: it was a go. Minutes later the Soviet Union's first space shuttle rose, unmanned, out of a giant fireball that spread over the steppe. Looking much like its U.S. counterpart, the white- tiled, double-delta-winged vehicle, called Buran (Snowstorm), made two orbits around the earth, then executed a perfect automated landing a few miles from where it had blasted...
Within hours, the markets echoed that skepticism, accelerating the dollar's fall to a low rate of 121.52 yen. Improved trade figures did not stanch the bleeding; the damage was halted only by the purchase of $5 billion by foreign central banks, led by the Bank of Japan. Noted John Williamson, a senior fellow at Washington's Institute of International Economics: "Foreign investors are not happy. They read Bush's lips...