Word: kongsberg
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MICHAEL KROMBERG Kongsberg, Norway...
...Nsukka, Nigeria Bush is praised for being brave and decisive, but why, when bravery and snap decisions based on trumped-up evidence have proved disastrously wrong? Neither the U.S., in its long-term interests, nor the world can afford another four years of Bush and his unilateralism. Michael Kromberg Kongsberg, Norway President Bush may believe going to war in Iraq brought a better life to the Iraqi people, but what makes the Iraqis so special? There are thousands of children starving the world over. If Bush really wants to help the people of the international community, it is far easier...
...them would force many companies to give at least 60 days' notice of impending plant closings. The White House opposes as excessively restrictive a section that would require a ban for up to five years on the importation of any products made by Toshiba, the Japanese electronics company, and Kongsberg Vaapenfabrikk, a Norwegian government-owned manufacturer of computers and weapons. They were found last year to have violated export-control agreements by selling the Soviets high- tech equipment used to build quiet submarine propellers...
...sanction vote was intended to punish Toshiba, whose 50.1%-owned Toshiba Machine subsidiary joined with Kongsberg to sell the Soviet Union sensitive technology that enables submarines to move more quietly underwater and thus escape detection. Under the terms of the Senate ban, which was passed as an amendment to a pending omnibus trade bill, the Federal Government is required to seek financial compensation from Toshiba and Kongsberg for the technology leak. Some Congressmen estimate that it could cost the U.S. up to $30 billion to bolster its defenses in the wake of the caper...
...bill also empowers President Reagan to exempt certain items from the ban, including products essential for defense. Kongsberg hopes such an exemption would allow it to fulfill a $96 million contract to sell Penguin air-to-ship missiles to the Navy. Without that sale, Kongsberg might be forced to file for bankruptcy...