Word: geoffrey
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...Anastasia Toufexis. Reported by Geoffrey Quinn/New York and Dianna Waggoner/San Francisco
...talk with friends and not at them." Nonetheless, concern over U.S. economic policies now appears to be endemic among all the allies. Canadian Prime Minister Pierre Trudeau has publicly cited the U.S. deficit as a contributor to "destructive" international interest rates, and so has British Chancellor of the Exchequer Geoffrey Howe...
...bombings." Campaigning in the economically depressed West Midlands, Deputy Labor Party Leader Denis Healey discovered a mechanical crab at a street market and held it up before TV cameras. "It moves sideways and evades your every instruction," he joked. "I'm going to call it Sir Geoffrey Howe." That swipe at Thatcher's Chancellor of the Exchequer made the evening news programs. Said Healey: "Margaret Thatcher has turned the Tory Party into her personal dictatorship...
...problems its high interest rates created for other nations (see ECONOMY & BUSINESS). Said Regan: "I do guarantee we will make visible progress in removing the specter which arose from the January budget: record deficits as far as the eye could see." Britain's Chancellor of the Exchequer, Sir Geoffrey Howe, also made the connection, saying that the prime cause of high interest rates is the borrowing requirements of the U.S. Government. This is likely to be a source of friction when Western leaders meet later this month at an economic summit in Williamsburg...
Europeans, on the other hand, remain deeply disturbed that U.S budget deficits, which may top $200 billion annually for years to come, will slow growth and keep interest rates high. Said British Chancellor of the Exchequer Sir Geoffrey Howe: "The largest cause of high interest rates is the present and prospective borrowing requirement of the U.S. Federal Government...