Word: pact
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Dates: during 1970-1979
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Even when hopes for detente have been high-and nowadays they are waning-tensions between East and West have remained all too tangible along the border between the two Germanies. For more than a generation, elite units of NATO and Warsaw Pact forces, the world's two most powerful war machines, have faced each other across this heavily guarded 836-mile frontier. To signal clearly that it remains determined to defend Western Europe, even in the face of a massive Warsaw Pact arms and troop buildup, the U.S. next year plans to base an additional 3,800-man infantry...
Scheduled airline service between the U.S. and Britain came within a whisker of stopping last week. But the planes kept flying because U.S. and British negotiators came up with a new pact governing air traffic between their countries-at 5:10 a.m. Wednesday, London time, ten minutes after the Bermuda Agreement of 1946 had expired. The new agreement, informally called Bermuda II, on balance seems to give the most benefits to British airlines, which get more new routes between the two countries and a chance for a greater share of transatlantic revenues...
...Family Pact. The struggle pits Hughes' first cousin, Houston Lawyer William Rice Lummis (pronounced Lumm-us), 48, against Chester Davis, 66, the Wall Street in-fighter who in 1973 finally won the twelve-year TWA antitrust suit for Hughes and became a major power within Summa. At stake is what remains of Hughes' fortune, estimated to have been as high as $1.8 billion in the late 1960s (excluding Hughes Aircraft Co.) but now assessed by Merrill Lynch, Pierce, Fenner & Smith at no more than $168 million. If no will is found, Lummis, who is the court-appointed temporary...
...diplomatic disagreements with Moscow, they are uneasy about Soviet demonstrations of military strength off their coasts. Like their Norwegian allies, Danish pilots must scramble regularly to counter Soviet incursions into their country's airspace. NATO experts are alarmed by the dramatic rise in the flow of Warsaw Pact naval strength in the region and by the gradual westward shift of amphibious exercises. Soviet, Polish and East German destroyers cruise year round at the Baltic end of the Danish Straits; Soviet destroyers patrol the Skagerrak from May to October, in effect controlling traffic from the North Atlantic...
...Whether that happens probably depends on what progress U.S. and British negotiators make in concluding a new agreement to regulate the number of flights and seats offered on the North Atlantic route. The Bermuda Agreement between the two countries expires midnight Tuesday. The British demand that in a new pact their lines receive half the revenues produced by flights between the U.S. and Britain, v. about 30% at present. The U.S. argues that nearly three-quarters of that traffic is generated on its shores and that the British are trying primarily to make up for British Airways' heavy losses...