Word: deale
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Dates: during 1980-1989
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...those who argue that the FSX will help Japan become a major power in civil aviation, the deal's supporters reply that Tokyo already has entered the field with willing help from U.S. aerospace firms. Japan is developing an advanced jet engine with U.S., British, Italian and West German companies and is building a rocket that may launch a two-ton satellite into orbit...
...Bush Administration, in asking for safeguards in the deal, is not trying to crush Japan's aerospace ambitions or force Tokyo to buy wholly U.S.-made planes off the shelf. Rather the struggle over the FSX appears to mark the start of a new get-tough era in U.S. relations with its trading partners. Armed with the Super 301 weapon provided by Congress, the White House in coming months could bring actions against Japan if the U.S. determines that Tokyo has failed to open its markets for everything from weather satellites to financial services. Moreover, the Administration now considers...
...book about Hollywood and politics, says most political money for Democrats comes from California and about two-thirds of that bankroll comes from Los Angeles. "Stars, though, don't want to slum with the locals," says Brownstein. "They are at the pinnacle of their profession and want to deal at the highest levels. ((Disney CEO)) Michael Eisner wants to raise money for Bill Bradley, not some city supervisor...
...that Mexico had reached a tentative agreement with the International Monetary Fund to borrow $3.6 billion. Mexico plans to use the three-year loan to lower its debt payments by inducing banks to reduce the country's debt or the interest charged. It remains doubtful, however, that the IMF deal, which is part of a new U.S. policy announced last month by Treasury Secretary Nicholas Brady and which could reduce Mexico's debt load by as much as 20%, is enough to jump-start the country's stalled economy. And even if it can, there is no guarantee that...
What the budget deal represents is the clearest evidence so far of the rules of engagement between the new President and the Democratic Congress. Unlike Ronald Reagan, who blamed Capitol Hill for everything but the depletion of the ozone layer, Bush by temperament and political calculation seems determined to avoid unnecessary and melodramatic showdowns. So far, the President has behaved like a loyal member of the congressional alumni association who wants to prove that he is still one of the guys despite his fancy new digs on Pennsylvania Avenue. Bush intends to block ambitious Democratic schemes to mandate that business...