Word: mutually
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...empires, ultimately, are expensive. Since mid-1980, when Polish workers staged the strikes that led to the creation of Solidarity, the Kremlin has pumped $4 billion into its neighbor, some of it in rubles that can be used only to settle bills within the Soviet-bloc Council for Mutual Economic Assistance (Comecon), some of it in hard currencies that can buy goods or pay debts in the West. But the Soviet Union also supplies its allies with oil, natural gas, iron ore, cotton, timber and other commodities, all at prices below those prevailing on world markets. In exchange, the Kremlin...
...intelligence and security forces, as well as bolster the Islamic Guard, the I.R.P.'s military arm. Another Soviet team was dispatched to assist in rebuilding the country's devastated economy. Now the Soviets, in their boldest ploy to date, are pressing Iran to sign a mutual cooperation pact that would effectively draw Khomeini's revolutionary government into Moscow's sphere of influence...
...Crusaders), had brought Iran to the brink of a civil war. Vinogradov told Mousavi that Iran would be ripe for a U.S.-backed counterrevolution. His deal: increased Soviet protection, presumably in the form of arms and technical advisers, in exchange for a formal five-to ten-year "friendship and mutual assistance treaty" between the U.S.S.R. and Iran. The Kremlin would stand ready to defend Iran against "foreign-led subversion...
...federally insured savings and loan associations and the 449 mutual savings banks last week received another dose of bad news. The Federal Home Loan Bank Board reported that the net worth of S and Ls fell by $636 million in November, to $28 billion. That brought losses for the first eleven months of 1981 to $4.3 billion, which was more than in any year since the Great Depression. The new year does not promise to be much better. Says James Christian, chief economist of the U.S. League of Savings Association: "This will be another period of losses and accelerated mergers...
...mutual savings banks, which have long been the backbone of America's housing industry, have been caught in a profit squeeze caused by lending long at low interest rates and borrowing short at much higher ones. Al. though they were often earning 9% or less on 20- or 30-year mortgages that were created years ago, the savings institutions were sometimes paying customers 16% or more for new two- or three-year deposits. Making matters worse was the fact that as interest rates have risen during the past two years, many investors have pulled their cash out of thrift...