Word: jointed
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Dates: during 1980-1989
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Reaching beyond the country's borders, Gorbachev has attempted to start joint ventures with foreign investors. The Soviets have proved flexible: the original plan, which insisted on majority Soviet ownership, has been revised to accommodate the demands of Western companies. Last Thursday at a Kremlin ceremony, executives of a consortium of six U.S. firms -- including Chevron, Eastman Kodak and Johnson & Johnson -- signed an agreement for as many as 25 joint ventures involving about $10 billion over the next 20 years. Although the agreement specified ways that profits could be taken out of the Soviet Union in hard currency...
After the U.S.S.R. put out the welcome mat two years ago to attract joint ventures with Western firms, hundreds of business executives rushed to Moscow. Many of them inked deals to produce such wares as shoes and pizza, computer software and fertilizer. But doing business in the Soviet Union has presented more challenges than capitalists imagined. The road to perestroika's pot of gold is filled with bureaucratic potholes...
QUICK, SEND OVER A TON OF PEPPERONI. AstroPizza, a joint venture between the city of Moscow and New Jersey's Roma Food Enterprises, was a hit from the moment its truck began hawking hot slices around Moscow last spring. But when Roma resumes sales this month after a winter break, the company will once again have to ship all the fixings from New Jersey because it has been unable to find decent tomatoes, cheese and other ingredients in the U.S.S.R...
...jotted down these facts in our notebooks, and many more: the founding of a local branch of the anti-Stalinist movement, Memorial, the first reported case of aids in Tambov, the first Soviet-Finnish joint construction project, rumors that racketeers were moving in on local cooperatives. Late-night television had even come to Tambov, something we Muscovites still lacked. Then there were those telling words from a worker on the regional party committee: "We decided to do away with special food packages for ourselves so that there would not be talk about us having privileges that other workers...
...addition, administrators re-evaluated the College's governance structure and established more joint student-faculty committees, Epps says...