Word: facing
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Dates: during 1980-1989
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...revenue lost with the cuts. An increase in U.S. exports to Japan would then take the heat out of the trade war and help stabilize the soaring yen, which has made Japanese goods more expensive abroad. Still, despite an L.D.P. majority in parliament, both the tax and budget proposals face an uncertain future...
...still face profitability challenges," Mellon Bank Chairman J. David Barnes warned shareholders a year ago in the Pittsburgh-based institution's annual report. It was an accurate prophecy. The nation's twelfth largest bank holding company (current assets: $34.4 billion) earlier this month reported a quarterly loss of nearly $60 million -- the first in its 118-year history -- and watched shares plummet in just nine days from nearly 51 to around 38. Last week Barnes, 57, faced a new challenge: finding a job. One of the nation's best-known families of financiers and philanthropists had taken charge again...
...Ronald Reagan traded blue-sky proposals with Gorbachev at the Reykjavik summit, the U.S. was determined this time to answer the Soviets only after fully consulting with the West Europeans. But Gorbachev and his subordinates could not resist taunting Shultz for seeming diffident about an offer that, on its face, not only met but topped American terms for a pact to take nuclear missiles out of Europe and open the way for another summit this fall in Washington. After Shultz's three-day mission to Moscow had ended last week, Foreign Ministry Spokesman Gennadi Gerasimov stuck the needle in deeper...
Governments in Germany, Belgium and the Netherlands in particular could face a pacifist backlash if they blocked a Soviet-American agreement to get rid of shorter-range missiles. At present the Soviets have about 130 shorter-range weapons -- some 50 in East Germany and Czechoslovakia, the rest in the western U.S.S.R. The U.S. has none at all; it controls the warheads for 72 shorter- range Pershing 1As in West Germany, but these are nonetheless considered German missiles, not subject to a U.S.-Soviet agreement. Thus if Gorbachev's latest proposal is rejected, the numbers of U.S. and Soviet shorter-range...
...echoed by a less biased observer: George Shultz. Talking to reporters in California about Gorbachev's latest offer, the Secretary mused, "Why are the Soviets doing this? I don't know. They say they want a less threatening and less nuclear world, and maybe you should take them at face value...