Word: cutoffs
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...providing the contras with detailed information on targets inside Nicaragua, including maps and blueprints of bridges, dams and other facilities built by U.S. agencies in the 1960s and 1970s. Legislators may find such involvement perilously close to the kind of CIA activities that led to a cutoff of congressional funds in 1984, after U.S. agents mined a Nicaraguan harbor...
...President at Camp David. He wheedled support for the contras out of some half a dozen foreign governments and an assortment of private citizens. Despite the CIA's objections, he gave intelligence information to the Iranians. He claimed that he had threatened the President of Costa Rica with the cutoff of U.S. aid if the President disclosed the existence of a covert airstrip. At one point, he even proposed sinking or hijacking a freighter en route to Nicaragua and stealing the weapons on board for the contras...
...Connecticut, co- author of a bill to withhold the funds, concedes that the contras will get their money. Senators who voted for the contra aid bill last year are unwilling to reverse their stand so quickly, Dodd believes. Moreover, if both the House and Senate voted for an aid cutoff, they still could not round up the two-thirds majorities needed to override a certain presidential veto. Dodd doubts that the issue will come to a Senate vote. Says he: "I'm not sure if it makes sense to hand the President a victory right...
...vote of confidence for Garcia's handling of the Peruvian economy. At his inauguration in July 1985, Garcia vowed that he would allot no more than 10% of export earnings for repayment of the country's $14.2 billion foreign debt. The strategy led a year later to a cutoff of loans from the International Monetary Fund and the accumulation of $630 million in unpaid interest owed to U.S. banks. But it has also allowed Garcia to reduce inflation from 184% just before he took office to 59% currently and to increase wages by an average of about 7% over increases...
...move was also cheered by other Western governments. In Washington the White House announced that the U.S. was indefinitely withdrawing its Ambassador to Damascus to underscore its endorsement of the diplomatic cutoff. "We support the British decision," said White House Spokesman Larry Speakes. "In the coming days we will be in close consultation with Her Majesty's government and other allies regarding additional steps that we and others will take." In Ottawa, Minister of External Affairs Joe Clark announced that Canada was also calling home its Ambassador...