Word: foreign
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Dates: during 1980-1989
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...Bush had to choose between the success of Gorbachev's program to reform the Soviet Union and the fulfillment of West German Chancellor Helmut Kohl's plan to create a German "federation," the President would almost certainly pick perestroika, since that is what is driving the new Soviet foreign policy. On this issue, Malta was an exercise in private commiseration and public obfuscation. With Bush at his side at their joint press conference, Gorbachev said that "history" should be allowed to determine the status of the two Germanys, and he warned against any "artificial acceleration" of the "process of change...
...stake as the powerful flow of narcodollars is recycled through the world's financial system. Drug lords and other lawbreakers are believed to be buying valuable chunks of the American economy, but clever Dutch sandwiches and other subterfuges make it almost impossible for U.S. authorities to track foreign investors. A case in point: blind corporations based in the Netherlands Antilles control more than one-third of all foreign-owned U.S. farmland, many of the newest office towers in downtown Los Angeles and a substantial number of independent movie companies producing films like Sylvester Stallone's Rambo pictures...
...even governments are often reluctant to impose regulations to keep out launderers. One reason is that a thriving financial industry brings jobs and income. South Florida's 100 international banks employ 3,500 workers and pump $800 million into the local economy. Even more appealing is the inflow of foreign capital. During the spend-and-borrow era of the 1980s, the gusher of flight capital into the U.S. from Latin America helped finance America's deficits. As in Hollywood, not many politicians were concerned about where the money was coming from. Alarmed by the tide, House Democrat John Bryant...
Whatever actions a company takes to help the environment should apply to foreign operations as well as those in the U.S. In too many cases, corporations have complied with antipollution measures at home but ignored them abroad, especially in Third World countries that are too desperate for foreign investment to complain...
...strong proponent of international play," Harvard coach Bill Cleary said. "Facing any foreign team is a good thing for us, but facing a team of this caliber is especially valuable because it really challenges us to perform...