Word: fortnightlies
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...analysts knew that Mauroy's days were numbered, most assumed that he would remain in place through the fall to act as a lightning rod for attacks on the tightfisted 1985 budget. But the left's dismal showing in the European elections forced Mitterrand to act. A fortnight ago, he withdrew his controversial legislation to bring the country's private schools under greater state control and announced that he would launch a complicated constitutional process to permit referendums on questions involving "civil liberties." As the President told TIME during a Bastille Day reception in the Elys...
...basic rules of Persian Gulf warfare, every military action produces an equal reaction. Fortnight ago, Iraqi planes struck two tankers near the Iranian oil depot at Kharg Island. Last week jet fighters with Iranian markings attacked the Japanese-managed supertanker Primrose as it was carrying oil from the Saudi Arabian port of Ras Tanura. The 276,424-ton vessel suffered only minor damage, and no injuries were reported...
...group of financiers bought Gibson Greetings in January 1982 for $80 million while putting up only $1 million of their own money. Sixteen months later, Simon's group took Gibson public in a stock offering worth $290 million. Simon's profit on the deal: $66 million. Fortnight ago, Simon's Wesray Corp. launched another buyout: a $71.6 million acquisition of Atlas Van Lines...
Farrakhan's outrageous statements have been roundly denounced by liberal leaders. "We cannot pretend we do not see or hear when Louis Farrakhan predicts race war by 1986," said Senator Edward Kennedy in an eloquent speech a fortnight ago on the dangerous rifts that have come between Jews and blacks. "Such conduct can never be condoned and it must be unequivocally condemned." Civil Rights Leader Bayard Rustin called on Jackson to repudiate Farrakhan. George McGovern last week asked how Jackson could "swallow a self-evident anti-Semitic bigot and life-threatening bully such as Louis Farrakhan...
Politicians have often sought votes with good-will trips to such places as Ireland, Italy and Israel, and they rarely hesitate to meddle in foreign affairs for political purposes. (A fortnight ago, for example, Senator Edward Kennedy used his own political funds to bring a Miskito Indian mother from Nicaragua to Washington to testify about the death of her child at the hands of the CIA-backed contra rebels.) But it is unusual and inappropriate for political candidates to malign the U.S. on foreign soil. Either of Jackson's opponents would likely have been pilloried for such...