Word: localize
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Dates: during 1970-1979
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...apparent transgression of their monetary sovereignty this time around, and Swiss officials left no doubt that they too would cooperate with the U.S. freeze. While stressing that all banks in Switzerland are subject to Swiss law, Swiss National Bank President Fritz Leutwiler declared that Switzerland would not tell its local U.S. banks what to do, implying that if Iran wanted its money, its lawyers could take the matter to court. Said he with a wink: "If American banks in Switzerland holding Iranian dollar accounts follow instructions from headquarters and apply the freeze, there is just nothing...
...almost all have shuttered their plants and offices, or turned them over to local workers to run, and brought their U.S. employees home. Johnson & Johnson's plant in Tehran, which made baby products, was expropriated in August. GM still claims a minority interest in a Tehran auto factory, but it has been run by Iranians since GM pulled out the last five Americans and a Swiss a year ago. Last December Du Pont closed its fiber plant in Isfahan...
...name has stayed familiar by writing a column of commentary for 105 newspapers and broadcast messages for 270 radio stations. He has traveled half a million miles since last March as a dinner speaker, charging up to $10,000 for each appearance and raising some $3 million for local Republican candidates. In recent months he has spent several hours a week being briefed intensively on both foreign and domestic issues by Martin Anderson, a former White House adviser in the Nixon Administration and an economist. Meanwhile, Reagan's campaign staff has built the biggest coast-to-coast organization...
Immediately after his announcement, Reagan embarked on his two-part campaign strategy: 1) to concede no region to any opponent, and 2) to strike hard and fast, conveying a clear message to wavering local politicians that they must join him now or be left behind. Reagan's strategists hope that the blitz will lead to early victories in Iowa, New Hampshire, Massachusetts and Florida, thus locking up the nomination before spring. Contends Reagan Press Secretary Jim Lake: "If we win the early primaries, we think it will be all over...
...vice president of the International Longshoremen's Association and head of its Local 1814 in Brooklyn, Anthony Scotto, 45, has long been laden with two very different reputations. A personable and articulate man who favors $500 pinstripe suits and expensive Manhattan restaurants, Scotto has lectured at Harvard University on labor relations, serves as a trustee of the Brooklyn Academy of Music and counts some of New York's most prominent politicians among his friends. But because of his occupational affiliation with the city's notoriously corrupt waterfront and his 1957 marriage to the niece of Mobster Albert...