Word: lastly
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Dates: during 1980-1989
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...most disturbing fact is that no one knows how severe the problems may be. In a report to Congress last month, the General Accounting Office described the same pattern of sloppy accounting and slack Government supervision that allowed the S&L debacle to go unchecked. Because many agencies kept such poor books, GAO auditors could not even determine how much of the $5 trillion is at risk of default. "The ignorance, incompetence and corruption in many of the Government loan and loan-guarantee programs are appalling," says Dingell...
Accordingly, TIME invited five experts on European political and economic affairs -- a Soviet, a Hungarian, a Frenchman, a West German and an American -- to try and give definition to what Soviet President Mikhail Gorbachev calls "the common European house." During a six-hour meeting last week at an 18th century mansion in Brussels, the "capital" of the twelve-nation European Community, the group was asked to share insights on the future of Europe. The panel was not always in agreement but found consensus on some basic points...
...staff telephone U.S. Ambassador Nicholas Platt in Manila. Laurel's aide requested U.S. support for the Vice President's offer to broker a negotiated solution to the impasse. The deal: Aquino would be replaced by a rebel junta, presumably including Laurel himself. The U.S. declined the offer. Late last week Laurel denied he had made such a request and demanded a denial from Platt as well. The embassy replied that during the coup attempt there was no "communication" between Laurel and the Ambassador...
...Last week Baghdad claimed to have scored not one but two such gains: the successful firing of a three-stage rocket capable of lifting satellites into space, and the test firing of two surface-to-surface missiles with a range of 1,240 miles, more than twice that of the ones thought to be currently in the Iraqi arsenal...
Eden Pastora, the perennial Nicaraguan maverick, returned to Managua last week in a homecoming more quixotic than heroic. The charismatic former guerrilla will campaign for dark-horse Social Christian presidential candidate Erick Ramirez, touting him as an alternative to both the Marxist Sandinistas and the National Opposition Union, a coalition dominated by the right wing...