Word: freer
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...Secretary Lloyd Bentsen, in an exclusive interview with TIME editors, called the delaying tactics "outrageous" and said he'd been getting calls from "incredulous" finance ministers stunned by the prospect of delays in ratifying GATT.Why all the fuss about a short delay? After all, a new world order with freer trade and bigger bucks for business is something that should put the GOP in a Pavlovian frenzy. But it's not so simple, TIME business reporter Tom Curry explains. As the year ends so does Clinton's "fast-track" authority. And if that happens Congress won't be bound...
...facilitate the freer exchange of ideas that critics seek, Americans should support placing ceiling on campaign spending and forming more political parties. It is unequal access to money, not ballots, that entrenches incumbents in Washington...
...American International Group, the giant insurance company: "If the United States Congress fails to ratify the Uruguay Round, it will set back any hope of financial services being liberalized." Worse, he said, it would "tarnish" the image of his company. "We have been representing the argument in favor of freer trade, and here our own country has failed to support that viewpoint! Our credibility would be impeached...
...House Foreign Affairs Committee made good on a threat to set a March 1 deadline for the withdrawal of U.S. troops from Haiti, even though the Clinton Administration has asked for a freer hand. The bill passed, 27-18, and now goes before the full House. The bright side: it gives President Clinton de facto congressional support for his actions in Haiti...
...benefits of freer trade have not been spread evenly in Mexico. Even though total foreign investment is up, little of the money is flowing toward Mexican producers. The worst affected are small businesses priced out of once | protected markets. Competition from low-priced American manufactured goods is also pushing up unemployment in cities in northern Mexico...