Word: investers
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Says Bishop Desmond Tutu, the winner of the 1984 Nobel Peace Prize. "Those who invest in South Africa should not think they are doing us a favor; they are here for what they get out of our cheap and abundant labor and they should know that they are buttressing one of the world's most vicious systems...
...finally, we report the facts of Harvard's complicity with this system: a cool $565 million invested in companies operating in the apartheid state. While claiming the total divestment would be over reacting, the University paradoxically refuses to invest in companies that do a majority of their business in South Africa, on the grounds that these companies profit from apartheid...
...activities necessary to correct the structural problems in the economy. Simply paying interest on the debt in the post-Reagan era will take at least $200 billion a year. Moreover, all ever increasing share of this money will go to foreign creditors who are very unlikely to invest it in our economy Today's college students may be hit with a two fisted punch-paying taxes to pay interest abroad and fewer jobs and lead investment at home. If the high interest rates do not cut investment at home, the interest paid abroad will. In the meantime, while Reagan...
...rescue comes Murdoch, who will invest $250 million. What he will receive beyond his 50% of the company is hard to say, but he is already the subject of intense speculation, particularly at Fox, where executives who have never met him are already talking about "Rupert." Some industry observers, who have watched him buy newspapers (the New York Post, the Chicago Sun- Times, the Times of London, among others), magazines (New York) and TV outlets in Europe and Australia, say that he relishes a role in running his acquisitions. "Normally, when you have an egomaniac, or, to be polite...
...spawned a new, younger group of organized-crime lawyers. "The image of the black-hat mouthpiece who can make witnesses disappear is completely out of date," says one Kaufman commission staff member. The new breed are sophisticated wheeler-dealers who help cocaine or heroin kingpins to conceal and invest their profits. They "see themselves as the Errol Flynns of their day, daring and bold," says another Kaufman staffer...