Word: mutualize
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...city. He had planned to fly to Cyprus that night and on to New York, but the bloody street battles delayed his departure. On Friday morning he told reporters that although he had made progress in his efforts to free the hostages and felt that "a good measure of mutual trust has been established," he still faced "grave difficulties" in his quest. Finally, on Sunday, he escaped the street fighting and headed to New York City, where he was scheduled to report to U.S. officials on his progress before returning to Beirut this week...
...meant to be a "perfect defense" or is it designed to "enhance deterrence"? President Reagan and High Frontier's Graham seem to suggest that Star Wars can render nuclear missiles obsolete by providing a foolproof shield. Rather than continuing to base security on the doctrine of mutual assured destruction, Reagan likes to say, why not aim for a world in which neither side has the capacity to destroy the other? When pressed, most proponents of SDI acknowledge that perfection is probably a pipe dream, and show no intention of scrapping the nuclear stockpile. Rather, they conceive of a system that...
...fastest-growing investment vehicle for individuals is the mutual fund, which pools clients' money into huge stock portfolios. By buying shares in a fund, an individual can leave the stock picking to experts and still have a chance to reap big profits. October sales of mutual funds that invest primarily in U.S. stocks were $2 billion, up 50% from the same month a year...
Almost certainly, that feeling is mutual. Last year Americans bought clothes "Made in China" to the value of $11 billion and additional goods worth $185 billion. Yet for all the ubiquity of Chinese products in U.S. stores, to most Americans China remains a mystery. For both nations, that is unfortunate; though it does not have to, a mystery can all too easily metamorphose into a threat. Most Americans don't realize the extent to which China's future and that of the U.S. are linked. It isn't just down vests--or toys or shoes--that bind...
...Common Agricultural Policy? Not now. With many still stunned by the French and Dutch rejection of the new constitutional treaty, the leaders agreed to put its ratification on hold. On the other key issue on the agenda - the future budget of the E.U. - the summit ended in acrimony and mutual recrimination. Blair ruled out any change to the j5.2 billion annual rebate Britain receives from Brussels unless spending on agriculture, which accounts for more than 40% of the total E.U. budget, was revised - a proposal Chirac flatly rejected. Bertie Ahern, the Irish Prime Minister, called the budget debate "pathetic...