Word: dearingly
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...healing process began Oct. 19 in Rome with a "Dear Bettino ... Sincerely, Ron" letter from the White House, hand-delivered to Craxi by Deputy Secretary of State John Whitehead. After reading the President's conciliatory message, Craxi announced his intention to attend last week's minisummit in New York City called by Reagan. Hours before that meeting, the two men had a 25-minute chat. Craxi, who later described their conversation as "good, and not falsely friendly," reiterated the reasons why he had ignored Washington's Oct. 12 request for the provisional arrest of Mohammed Abul Abbas Zaidan...
...hands-off policy that allowed market forces to determine exchange rates. But the staggering U.S. budget deficit and resulting high interest rates pushed the dollar steadily upward. By last March, the dollar was more than 80% stronger than in 1980. Foreign goods became cheap, and American products became dear. Result: a staggering trade deficit that led to strong protectionist sentiment on Capitol Hill. Even successful multinational corporations have been hurt by shifting currency rates. Complained Paul Orrefice, president of Dow Chemical: "Nothing hurts business like the uncertainty we confront on the foreign-exchange markets...
...Dear Nikki” will run on Mondays. Send letters to DearNikki@thecrimson.com. Letters will be published anonymously...
...Dear Nikki...
...Dear Deliberating Dater...