Word: kohl
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Dates: during 1980-1989
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...reductions by 1992 sounds like a pipe dream. Never mind that the estimated $1 billion in potential savings doesn't measurably reduce the U.S. defense budget or redress the "burden-sharing" problem among the allies. Never mind even that British Prime Minister Margaret Thatcher and West German Chancellor Helmut Kohl still disagree over the alliance's nuclear future...
...Bush, along with British Prime Minister Margaret Thatcher, is convinced that rushing into missile negotiations with the Soviets before a conventional-arms pact is struck would be a mistake. But West German Chancellor Helmut Kohl has been pressing for a quick start to missile talks to shore up his shaky domestic political position...
...West Germans. The carrot is a quicker start to missile- reduction talks, even though the U.S. will continue to insist on keeping some short-range nukes as an essential deterrent to Soviet attack. The stick is a threat to pull out even more U.S. troops from West Germany, which Kohl opposes. "What we have to do," says a State Department official, "is show the Germans that we have ideas for getting a conventional-arms agreement fairly quickly, so they could then get the talks they want on short-range nuclear weapons...
...high U.S. interest rates, which make the dollar attractive to foreign investors, and the political woes of West Germany and Japan. The Japanese have yet to pick a successor to Prime Minister Noboru Takeshita, who announced his resignation in April over a stock scandal; in West Germany, Chancellor Helmut Kohl's Christian Democrat Union has lost two important local elections this year. Moreover, even though the yield on such securities as ten-year U.S. Treasury bonds has slipped from 9.2% earlier this month to 8.8% last week, it remains higher than the return on comparable securities abroad...
Afterward, Kohl denied any intention of completely getting rid of nuclear weapons, a prime fear of the U.S., which deems them necessary to offset Soviet superiority in conventional forces. But the Chancellor added, "I think we are on the right path" in demanding early negotiations...