Word: jointly
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Dates: during 1980-1989
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...dramatic reversal, the Administration wants the World Bank to do more. The organization, the U.S. feels, should increase its lending and expand the joint loans it makes with commercial banks to developing countries. The World Bank and the Inter-American Development Bank, in Baker's view, could increase their disbursements to the major debtors by roughly 50% above the current annual level of nearly $6 billion...
...combined pop. 83,384), is about to change from corn to cars. Chrysler Chairman Lee Iacocca and Mitsubishi President Toyoo Tate announced last week that they had picked a 636-acre site just west of the central Illinois cities as the location for Diamond-Star Motors, a new joint venture. So named because Mitsubishi's corporate symbol consists of three diamonds and Chrysler's is a star, Diamond-Star plans to build 180,000 subcompact cars annually, beginning in 1988. Each company is investing about $250 million in the Bloomington-Normal factory, and its output will be split evenly between...
When Admiral William Crowe took over as Chairman of the Joint Chiefs of Staff on Oct. 1, he acquired a fancy title and a sometimes frustrating job. The 1947 law that established the four-member JCS gave it little authority. In theory, the members were supposed to lead a unified military structure. In reality, the four who serve as operating heads of the Army, Navy, Air Force and Marines often consider their first priority to be protecting the interests of their re- spective services. The fifth chief, the Chairman, has no power to arbitrate disputes; he can act only...
...when they holed up at Fort A.P. Hill in the Virginia countryside with a battery of experts and other Senators to discuss what had gone wrong with the military. Among those present: former Defense Secretaries Harold Brown and James Schlesinger and General David Jones, former Chairman of the Joint Chiefs of Staff. Drawing from this discussion and two years of study, the staff of the Senate Armed Services Committee will release a 600-page report this week calling for sweeping structural changes. The presidential commission chaired by Packard is expected to send its own recommendations for reform to the White...
Among other things, the would-be reformers are taking a critical look at the Joint Chiefs of Staff. In theory, the JCS is supposed to allow the Chiefs of the four services (the Army, Navy, Air Force and Marines) to come together to shape military strategy. In fact, the Joint Chiefs have been unable to overcome age-old service rivalries. Explains Nunn: "They are called upon to do an almost impossible task--to represent their own services' viewpoint but simultaneously to sacrifice that view to the greater common good." Reforming the JCS has gained increasing backing on the Hill...