Word: gulf
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Dates: during 1980-1989
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Military persuasion, though used intermittently, has in recent crises begun to bear fruit. Despite making little head-way with the hostages, the Reagan Administration successfully defended U.S. economic (oil and shipping) interests in the Persian Gulf by dramatically stepping up the presence of the Sixth Fleet there...
...almost always publicly viewed through narrow prisms: a legal wrangle over affirmative action, a political campaign, an isolated incident of racial violence. Sharp disagreements about the origins and implications of the alarming growth of the black underclass and fears of drug-related crime have widened a gulf of mutual incomprehension between the races. Even in private discourse, whites and blacks have lost the capacity to talk to each other honestly about the subject that divides them more than any other...
...crusade may pay other dividends. Pickens is believed to be interested in making a run for the Texas governorship, so his Japanese offensive may be calculated to play well back home. Koito, for its part, is launching its own publicity offensive, contending that if such eminent U.S. companies as Gulf Oil and Phillips Petroleum can turn away Pickens' bids, Koito can snub...
...Moscow since the days of the Shah. In two meetings, the two sides signed four agreements providing for, among other things, a new rail link between Soviet Turkmenistan and the northern Iranian city of Mashhad, which would help fulfill a longtime Moscow goal of greater access to the Persian Gulf. There were discussions, but no final accord, on reopening a gas pipeline from Iran to Soviet Transcaucasia, which was shut down in 1980. Moscow also announced that it would aid Iran in "strengthening ((its)) defense capability," but provided no details. The U.S. has made clear its opposition to large-scale...
...sultry first Friday of summer, and office workers in Manhattan were streaming out of the city to start their weekend. Not so at the headquarters of Paramount Communications, formerly Gulf & Western, where the company's 14-member board of directors was making a high-stakes decision. Just 30 minutes after trading closed on the New York Stock Exchange, Paramount announced that it was increasing its hostile bid for Time Inc. from $175 a share to $200, thus raising its total offer from $10.7 billion to more than $12 billion...