Word: kohl
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...other ways as well, the world showed that it will not wait for Bush's Inauguration. British Prime Minister Margaret Thatcher and West German Chancellor Helmut Kohl, in Washington for valedictory visits to Reagan, took Bush aside to voice their concerns about the U.S. economy. (Thatcher, interestingly, spent as much time with Greenspan as with Bush.) Meanwhile, Soviet leader Mikhail Gorbachev, in yet another deft diplomatic thrust, announced that he would make a surprise visit to the United Nations next month. The President and President-elect ruled out any impromptu superpower bargaining. Still, complained a senior Bush foreign policy adviser...
...ghost of the retiring William Proxmire haunted the race in Wisconsin, where Democrat Herbert Kohl turned Proxmire's legendary frugality on its head, yet somehow convinced voters that he most resembled their departing hero. A multimillionaire bachelor, Kohl, 53, spent $5 million of his own money to defeat Susan Engeleiter, 36, the Republican leader in the state senate. When Proxmire won re-election in 1982, he spent just $145. Yet, like Proxmire, Kohl refused contributions from special-interest groups and ran a populist, soak- the-rich campaign, calling for tax hikes for the wealthy. His affluence, he contended, meant that...
...winning on his first try for elective office, Kohl had the state's sports fans on his side. After selling his family's supermarket and department-store chain in the '70s, he bought the Milwaukee Bucks basketball team in 1985 to keep it in the city. Kohl is expected to be tough on the Pentagon, since he urges a 10% cut in defense spending, but he shuns a liberal label, noting his experience as a businessman. He joins a growing club of Senate millionaires, including Pennsylvania's John Heinz, New Jersey's Frank Lautenberg and Ohio's Howard Metzenbaum...
Jenninger did not say whether he would continue in Parliament. He has been a member since 1969 and was a close aide to Chancellor Helmut Kohl before becoming president four years...
...Western credits come none too soon for Gorbachev's rickety economy. The day after Kohl's departure, Soviet leaders admitted for the first time that their government has been running a hefty budget deficit. Finance Minister Boris Gostev told members of the Soviet parliament that this year's red ink would total $58.8 billion...