Word: fends
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...time when his popularity has climbed to new heights abroad, Gorbachev must fend off growing attacks at home from two fronts: what he calls the "adventurists" and the "reactionaries." Last week the Soviet leader took on the adventurist radicals, criticizing them for racing "like firemen, with clanging bells" to abolish the constitutional guarantee of Communist Party rule. The Congress decided not to take up the contentious question of Article 6, voting 1,138 to 839, with 56 abstentions. But the margin of victory was not so comfortable that the Kremlin could indefinitely ignore the East European-like rush to multiparty...
...Britain's last major independent producer of luxury cars, Jaguar had fought hard to go it alone. The company earned $45 million last year but lost $1.8 million during the first six months of 1989, largely because of slumping U.S. sales. Jaguar tried to fend off Ford's advances by offering General Motors a 30% stake in the British firm. But last week the British government opened the way for Ford by waiving London's legislative right to veto any takeover of Jaguar before 1991. Ford put its offer on the table the next morning. GM officials decided the price...
...poor? In the bleak and bitter outskirts of Buenos Aires, thousands of people stand in line every morning, eyes glazed by hunger, clamoring for government handouts. The residents of most lower-class neighborhoods have had to fend for themselves. In the city's northern barrio of San Fernando, Ever Ponce, 30, and his brother Miguel, 37, work as shelf clerks in a supermarket and try to make ends meet with second jobs as painters at a private airport. Hard-pressed as they are, in recent months they helped organize a soup kitchen for their hunger-crazed neighbors, lining up donations...
...besieged British conglomerate B.A.T Industries disclosed last week that it will sell its U.S. retailing operations, which include Saks Fifth Avenue (total stores: 46), Marshall Field's (24), Breuners (17) and Ivey's (23). B.A.T is reluctantly shedding the chains as part of a defensive strategy to fend off a takeover bid by Sir James Goldsmith...
...takeovers or engineer them. Atlantic City's casinos have incurred more than $2 billion in debt, $6 for every $1 of equity. Some analysts say that next year, with the opening of Trump's Taj Mahal, two of the weaker casinos may go under. "If they can't fend for themselves, how can they possibly meet the greater social goal of an urban renaissance?" asks Anthony Parrillo, director of New Jersey's division of gaming enforcement...