Word: investers
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...Institutions seem to have a kind of life oftheir own in some ways. They have done otherthings, and it isn't as if...they haven't moved onthe matter of divestment. They have got aparticular policy. What we want them to have saidsort of categorically was we will not invest incompanies that are operating in South Africa--wewant them...
...Canadian consortium formed to invest in Eastern Europe purchased half the General Banking & Trust Co. of Budapest, the city's oldest bank, for $10 million. American cosmetics heir Ronald S. Lauder is the chairman of the group, the Central Europe Development Corp...
According to the report, Shortchanging Education, only Ireland and Australia invest less than the U.S. in basic education in terms of a percentage of gross national product. Of the 16 countries studied, Sweden spends the most (7%), followed by Austria (5.9%), Switzerland (5.8%), Norway (5.3%) and Belgium (4.9%). Denmark and Japan tied at 4.8%, while the U.S. spends only 4.1%. "If the U.S. were to increase spending for primary and secondary school up to the 'average' level found in the other 15 countries," the study says, "we would need to raise spending by over $20 billion annually...
...billion company to improve one's prospects. Or so Swedish automaker Saab-Scania AB hopes. Saab last week agreed to sell General Motors a 50% interest in its car-making operations, which had 1988 sales of $2.6 billion, for some $600 million, plus a promise that GM will invest another $100 million. Saab, which also makes trucks and aircraft, will spin the auto holdings into a subsidiary to carry out the deal...
...Reich built on the ashes of NATO." One solution, he suggested, was to make the transformation of the East bloc a "European task. If there is concern about the re-emergence of a German superpower, the best of all ways to get a lever on it would be to invest in a West European relief and aid operation in East Germany and create a European orientation to that process...