Word: chancellor
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Dates: during 1980-1989
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...sensitive to the problems its high interest rates created for other nations (see ECONOMY & BUSINESS). Said Regan: "I do guarantee we will make visible progress in removing the specter which arose from the January budget: record deficits as far as the eye could see." Britain's Chancellor of the Exchequer, Sir Geoffrey Howe, also made the connection, saying that the prime cause of high interest rates is the borrowing requirements of the U.S. Government. This is likely to be a source of friction when Western leaders meet later this month at an economic summit in Williamsburg...
Europeans, on the other hand, remain deeply disturbed that U.S budget deficits, which may top $200 billion annually for years to come, will slow growth and keep interest rates high. Said British Chancellor of the Exchequer Sir Geoffrey Howe: "The largest cause of high interest rates is the present and prospective borrowing requirement of the U.S. Federal Government...
...problems to the system of floating exchange rates. But while Mitterrand's concerns about unstable currencies may be somewhat self-serving, they are shared by a growing number of prominent people. In recent weeks, Federal Reserve Board Chairman Paul Volcker, Investment Banker Felix Rohatyn and former West German Chancellor Helmut Schmidt have all talked of the need to dampen the swings in currency values. Former Secretary of State Henry Kissinger, like Mitterrand, has called for a summit meeting to revamp the monetary system...
...time Hitler became Chancellor in 1933, one of several German translations of the Protocols had run through 33 editions. An industrialist who later broke with the Nazis quoted Hitler's response to the subject: "The stealthiness of the enemy, and his ubiquity! I saw at once that we must copy it-in our own way, of course...
...response of West European leaders to Andropov's proposal was by turns hopeful and ambivalent. West German Chancellor Helmut Kohl welcomed the latest Soviet move as offering promise for a U.S.-Soviet missile agreement this year. British Foreign Secretary Francis Pym described Andropov's remarks as "a step in the right direction. It is a very modest move; they are still taking a very hard line." French President François Mitterrand reaffirmed his nation's determination to be excluded from the Geneva talks. Said he: "This Soviet demand is very old. I will remain deaf...