Word: foreigner
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Dates: during 1980-1989
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Indeed, it started to shape up as a repeat of Black Monday, with sharp declines in foreign stock markets and the Dow Jones average falling about 63 points in the first half-hour on Monday...
Barely recovered from gallbladder surgery, Honecker went on TV to accuse Bonn of trying "to turn East Germany upside down with a comprehensive % attack." West Germany flatly denied that it had reneged on a pledge to shut its doors to new refugees. "There was no such agreement," said Foreign Ministry spokesman Jurgen Chrobog. "We would never accept that German people should stand outside a German embassy with small children without giving shelter and care. The East Germans wanted to build a wall around our embassy. Now they're building a wall around themselves...
Oddly enough, some Brazilian purists fear that foreign enthusiasm for their music could corrupt it. Djavan, for one, has dismissed David Byrne's efforts as "inconsequential." Nascimento disagrees. "You're always trading ideas," he says. "It gives you life." Others are concerned that jaded outsiders will soon move on to something else. Anything is possible in the fickle pop-music world, but for now, musicians agree, it's Brazil that's got rhythm...
Zenith had expanded into computers to reduce its reliance on TVs, a business that low-cost foreign producers were beginning to dominate. The company bought the electronics-kit maker Heath in 1979 and expanded the division to include a line of laptop computers. Zenith's machines are now among the world's best sellers, bringing in about 60% of the company's revenues of $2.7 billion. With this deal, Bull will become the largest European-based computer maker...
...stake is not just cultural pride but also megabucks: by 1998 European broadcasters will purchase an estimated $4 billion in programs. U.S. exporters, who have come to rely on foreign sales of their shows, assailed the new rule. "The European Community today took a step backward in time," complained Jack Valenti, president of the Motion Picture Association of America. "They said no to competition and viewer choice and yes to trade barriers." In Congress, some even called for retaliatory measures...