Word: governing
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Dates: during 1980-1989
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More broadly, London insists that Ulster will remain British as long as a majority of its population-two-thirds Protestant-so desires. Humphrey Atkins, British Secretary of State for Northern Ireland, last week created an advisory council composed of 50 Protestants and Roman Catholics to help him govern Ulster. That plan was criticized by Protestants fearful of a "sellout," but former British Labor Prime Minister James Callahan went further. He called for a separate parliament and citizenship for Ulster...
...negative campaign claimed only one victim: the Right itself. Giscardists and Jacques Chirac's Gaullists painted a picture of doom for Socialist France that was more forgery than masterpiece. The electorate did not buy it. The left, said the voters last month, has earned a legitimate chance to govern. Let us see what happens...
...higher. On Sunday he scored the most smashing triumph of his career as voters gave his Socialist Party a solid majority of some 290 seats in the 491-member National Assembly. At the same time, the Communists, his troublesome allies, lost hope of playing an influential role in the government when they dropped from 86 seats to an estimated 43. For the first time since former President Charles de Gaulle's landslide in 1968, a single party will rule both the executive and legislative branches of government. For Mitterrand, it was not only a stunning personal victory but a green...
...firm date has been set for any nationalizations, and there is a growing feeling that a government takeover may simply involve ministerial supervision of the boards of major companies. Confided a prominent business leader in Paris last week: "I met with Mitterrand ten days ago and I could tell that he simply doesn't know how to nationalize. He's made this campaign pledge and now he's got to fulfill it. But I'm not sure his heart's in it." Other observers, however, are convinced that the full Socialist program?including nationalizations?will be carried out. "Many Frenchmen...
Last week, after years of intensive lobbying by large money center banks, the U.S. Federal Reserve authorized banks to set up international banking facilities (l.B.F.s) in the U.S. Banks will be permitted on Dec. 3 to create l.B.F.s that will be freed of the key regulations that govern U.S. institutions, namely minimum reserve requirements and limits on the level of interest that they can pay. The old system, for example, required banks to keep a portion of deposits, say 8%, in reserve with the Federal Reserve, regardless of whether the deposits came from domestic or foreign sources. On a foreign...