Word: footholds
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Admiral Ronald Hays, commander of U.S. military forces in the Pacific, warns that the Soviets are less interested in catching tuna than in expanding their strategic influence. The U.S. is now offering $5.5 million to keep its fishing foothold in the South Pacific...
...only so long before needing an injection of outside investment. Many experts think the bank will struggle along without needing any bailout from the FDIC. A more likely possibility would be a merger with another bank, perhaps even with one of the Japanese institutions that have gained a foothold in California in recent years. "Stranger things have happened," says Chairman Leland Prussia. "If someone comes up with a good proposal, we would consider it seriously." Time could be running out for the bank's president and chief executive, Samuel | Armacost, who may be ousted if he fails to engineer...
...laboratories are also trying to arrest the disease before it gains a foothold in a larger segment of the population by developing vaccines which would help protect the body from infection. (See story below...
...contras are allowed to wither away. "It will be a very expensive task," he told the House Armed Services Committee, "and will cost a great many lives." Although Reagan and Weinberger both emphasize that there currently are no plans to involve American forces, the Pentagon has already established a foothold in Nicaragua's neighbor Honduras, where U.S. troops have been conducting maneuvers since 1983. A $30 million network of air bases, intelligence posts, radar stations and other installations has been built, and last week 96 engineers from the Fort Bragg, N.C.-based 82nd Airborne Division parachuted into Honduras to begin...
...months before the fall in the dollar that has already occurred makes a major difference in the U.S. trade deficit. Some manufacturers may find it hard to recapture the overseas business they have lost, and many foreign companies may hold on to their American customers. "We've got a foothold in the U.S. market now, and it won't be so easy to displace us as the Americans think," notes a top adviser to West German Chancellor Helmut Kohl. "German products still appeal at these prices." M.I.T. Economist Paul Krugman believes it will take at least a year...