Word: central
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Dates: during 1980-1989
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...governor's central message is, and always has been, his commitment to economic opportunity for all Americans," Akey said. "We don't have to stress the governor's personal character because [his character] comes through very clearly...
Although the hardware to be tested is relatively conventional compared with the laser beams and nuclear-generated X rays proposed for the future, the six systems involved would be central to the initial deployment of any antimissile system envisioned by this Administration. Lieut. General James Abrahamson, head of SDI, is explicit about the purpose of Milestone I. "We'd like to reach a position where in the 1990s we will be able to go ahead with deployment," he says, "and to do that we need the enhanced confidence gained from additional testing." Equally important, the tests will give new momentum...
...scandal spotlighted the problems facing the country's economy, a chaotic system of decentralized enterprises and Communist central planning. Inflation is raging at an annual rate of 120%, unemployment stands at 14% and foreign debt has hit $20 billion. In July, Yugoslavia failed to make $419 million in payments owed to Western lenders. Angered by relentlessly declining living standards, more than 120,000 workers have mounted a total of 900 strikes since February. In an unusually frank interview after the scandal surfaced, Prime Minister Mikulic conceded, "We do not have a proper financial system, and our legal system doesn...
...swindle was the power that local Communist chiefs have over regional banks. According to Yugoslav press accounts, Abdic pressured the local branch of Privredna Banka, the Bosnian central bank, into providing guarantees for a steady flow of unsecured promissory notes issued by Agrokomerc. The guarantees made it possible for Agrokomerc to sell the notes for cash to other banks. Abdic plowed the proceeds into his ambitious development plans for the company and lavish community projects for Velika Kladusa, including an Olympic-size swimming pool...
...country's cumbersome rotating leadership, which has ruled since the death of Dictator Josip Broz Tito in 1980, may now have the opportunity to push through needed reforms. On the reformers' list are such measures as liquidation of money-losing state companies, closer supervision of regional banks by central authorities, and curbs on the ability of regional governments to veto national legislation. Moreover, the Yugoslav press played an unusually aggressive role in uncovering the fraud, and optimists hope that the high-level resignations ^ and arrests indicate that the days of official cover-ups are ending...