Word: firm
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Dates: during 1980-1989
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After the lackluster Montreal performance, many countries may be tempted to bypass GATT and negotiate more bilateral or regional pacts with only a few trading partners. Still, no one is quite ready to abandon GATT. Says Bill Martin, chief economist of Phillips & Drew, a leading London brokerage firm: "There's not great hope that GATT can achieve much in the way of further trade liberalization. But GATT is a very important bulwark against galloping protectionism." An important bulwark, but an increasingly leaky...
...January Penthouse, John Wesley Fletcher, a former Bakker crony, details homosexual encounters with Bakker, claiming that he also procured other young men for the boss. In ongoing bankruptcy proceedings for PTL itself, an exasperated Judge Rufus Reynolds has thrown out a $115 million bid from a Toronto firm for the theme park, cable network and other holdings, deciding instead to have an auction this week. If the price is not right, or payment terms are not favorable enough, the judge could sell off the properties separately...
...says Frank Leana, director of the Manhattan office of Howard Greene & Associates, a Connecticut-based education consulting firm. "The full line with us is about $2,000. Visiting five schools in New England and staying two overnights is close to $800. If you do an SAT prep course, that's another $500 to $600, and there are private tutors for $35 to $100 an hour. Every college application is another $25 to $40." The total: well over...
...give a firm handshake, but no visa waiver...
...experts warned against drawing any firm conclusions from the data because of the difficulties that arise in comparing supply and demand at different times in different places...