Word: maneuverable
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But a rightist maneuver leaves the winners in doubt
In a high-risk maneuver to boost exports and slow the drain on the country's financial reserves, López Portillo's finance secretary, David Ibarra Muñoz, last month orchestrated a 40% devaluation of the Mexican peso. Unfortunately, the action has done little yet to...
RCA, which reported an 83% drop in profits and slashed its dividend in half this month, suggested that Agee keep his hands to himself. In a press release, RCA harrumphed that the Bendix chairman "has not demonstrated the ability to manage his own affairs, let alone someone else's...
Was it a ruse to lull us while the Kremlin prepared a geopolitical offensive? Or were the Soviets sobered by Nixon's firmness into settling for restraint? Did they seek detente only as a tactical maneuver? Or was there a serious possibility for a long period of stability in...
Any American President soon learns that he has a narrow margin for maneuver. The U.S. and the Soviet Union are ideological rivals. Détente cannot change that. The nuclear age compels us to coexist. Rhetorical crusades cannot change that either. A President thus has a dual responsibility: he must...