Word: koreas
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Dates: during 1980-1989
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...Western Europe is likely to have stronger growth: 3% this year and 3.5% in 1987. As usual, Asian nations are expected to be the top performers. Japan, for one, will come roaring out of its doldrums, boosting growth from 1.8% this year to 5.7% in 1987. South Korea's economy will surge a spectacular 9% in 1986 before cooling ever so slightly to 8% next year. The most remarkable comeback story in the region may prove to be the resurgence of the Philippines after the revolutionary triumph of President Corazon Aquino. Bernardo Villegas, senior vice president of the Center...
Many top sellers of compatibles and clones are able to put low prices on their computers because they are produced by low-wage laborers in Asian countries, notably South Korea and Taiwan. Perhaps the most aggressive of these firms is the Canton, Mass.-based Leading Edge, which is run by Michael Shane, a wealthy entrepreneur who first made big profits by selling blue jeans and wigs. In early 1985, while other companies like Compaq were making IBM- compatibles and selling them at IBM prices, Shane began buying state-of- the- art computers from Daewoo, the South Korean electronics giant...
...avoiding each other on the playground for ten years until last week. Opening the Goodwill Games, Soviet Leader Mikhail Gorbachev referred to "the lurking catastrophe" and "the dangerous race toward the abyss" in his cheerful welcome to some 70 nations, not including Israel or 1988 Olympics host-designate South Korea. "They dodged the bullet on Israel," said Robert Wussler, executive vice president of Turner Broadcasting, "using this excuse, that excuse. They were much more direct on South Korea. They just said no." With so much goodwill in force, it certainly seemed like the Olympics...
...Conable's activist view is a departure from the laissez-faire climate of Ronald Reagan's Administration. It might have been considered downright heretical until last October, when Treasury Secretary James Baker announced a new official line at a World Bank and International Monetary Fund meeting in Seoul, South Korea...
Though the U.S. maintains very tough trade sanctions against such countries as Cuba, Viet Nam, Kampuchea, Libya, North Korea and Nicaragua, the Reagan Administration opposes any similar action toward South Africa. So far, Washington has banned the sale of arms, oil and certain police equipment to South Africa, withdrawn from sports and cultural exchanges, curtailed government loans and stopped the sale of Krugerrand gold coins in the U.S., but Reagan opposes the adoption of additional measures. Moreover, the Administration argues that America's ability to influence the Botha government's policies is marginal, even though the U.S. is South Africa...