Word: impaction
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FitzGerald and Thatcher faced a formidable array of opposition, ranging from the Irish Republican Army and its political wing, Sinn Fein, to many Protestant political leaders and militants in paramilitary organizations like the Ulster Defense Association. Neither government had any illusion that the agreement would have much impact right away. Explained an Irish official: "The real purpose of this exercise is to detach the northern [Catholic] community from the clutches of the I.R.A. We know that won't happen in six weeks. If it happens in a year, it will be a bloody miracle...
Bunroku Yoshino, president of the Institute for International Economic Studies in Tokyo, predicted that Nakasone's modest plan would have little impact. He expects the Japanese growth rate to slip from 4.5% this year to 4% or even 3.5% in 1986, primarily because the country's exports will increase at a slower pace. The government is reluctant to adopt more potent stimulative measures, like large tax cuts, because it wants to keep the Japanese inflation rate, only about 2.5% this year, firmly under control...
...Register's local coverage, though extensive, is shallow and that its improvements are mostly technicolor dazzle. The young staff has abundant enthusiasm, but stories can be short on clarity and interpretation. A recent account, for example, explained what several zoning ordinances would not do but never explained the impact they would have. A more serious charge is made by Harry Hoiles, 69, a son of the company's founder and a former co-publisher of the Register who is embroiled in a battle to wrest control of the Freedom chain from other family members. He says that Threshie once killed...
...Spread out on a sofa in his Parliament House office, Foreign Minister Downer has the answer to that one down pat: "We get imports more cheaply, and we get better access to their export markets. There's no doubt that the net impact on our economy would be very positive." And politically? "An FTA is a way of building a very strong bond with a country," Downer says. He believes the Chinese view Australia as more important to them than before, while Canberra's friendship with Washington gives it "gravitas" in the region. "As China's economic power has grown...
...impact of Chinese artists on the Australian art scene is already being felt from within. Sydney gallery director Gene Sherman describes this world as "a very delicate ecosystem, both in terms of the practitioners, and also in terms of people like us." While artists like Guan Wei, Ah Xian, and Liu Xiao Xian, all of whom moved to Australia following the Tiananmen Square killings 16 years ago, are hardly household names, they are for the dealers, curators and gallery directors who make the art world go round. Their works are being quietly amassed by the collections that count, and they...