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...problems with the sanctions: distinguishing between what is and is not directly related to the huge $10 billion construction effort. Though the Administration's sanctions specifically apply only to oil-and gas-related technologies, the project could not go forward if the Soviet Union were not able to import everything from earth-moving equipment to spare parts for cars and trucks...
...Asked to comment on the Polish situation shortly after the vote, President Ronald Reagan snapped, "I think it's horrible." At week's end he vowed to move as quickly as possible to suspend Poland's most-favored-nation trading status, which will result in increased import duties on more than $50 million in Polish goods sent to the U.S. Sharing Reagan's outrage, French Prime Minister Pierre Mauroy declared that the union law was "yet another attack against individual liberty and the rights of man." He added that the law would "place a new obstacle...
...only was this union-company role reversal ironic, but failure of UAW leaders to push through more concessions also dashed hoped that an era of "new cooperation" between companies and unions had begun with the 1979 "bailout" contract. Unions in the import-battered industrial mainstays of the U.S. economy--steel, autos, and rubber--seemed about ready to hold down labor costs in exchange for job security and more voice in corporate decisions. Such "cooperation" has been a central theme of recent "re-industrialization" plans designed to arrest the desperate decline of the U.S. economy, Sen. Gary Hart...
...movie that has better caught the flavor of life down at the supporting-player level (where you do your best work in little theaters for audiences of a hundred and your worst work on television for audiences of millions) than Christopher Frank's wise, rueful, often comical little import from France...
...conjunction with other western countries, the United States responded to Mexico's troubles with a patchwork bailout plan consisting of emergency food import credits, advance payments for Mexican crude oil, and $1.85 billion in loans from western central banks. But the real keys to the bailout were two longer-term proposals designed to restore Mexico's ability to pay off its debt in the future: $5 billion in credits from the International Monetary Fund and a $10 billion moratorium on debt repayments to major private banks. Both of these key provisions are contingent upon Mexico's acceptance of a stringent...