Word: pact
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Dates: during 1990-1999
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That's what he thought at the time. But a year later, Gore and Gephardt are on the verge of becoming the closest of allies, linking their destinies in a pact of mutually assured ambition. This week, as Gore's team quietly installs the phones and sets up desks in his new presidential-campaign headquarters, nine blocks from the White House, Gephardt is expected to make a splashy announcement about his own bid--for Speaker of the House. All indications are that having set aside the dream of becoming President, the 58-year-old Congressman from St. Louis, Mo., will...
...direct the campaign toward a single issue: Who is best suited to negotiate the final status of the West Bank and Gaza Strip? He argues that the Wye accord proves he can make peace, and that it is better to have a right-winger bargain over the final pact than a leftist who will make a sucker deal. It's a powerful argument, Netanyahu knows, and one that keeps him in the running...
...Central Bank will set a single interest rate for Euroland, and a Growth and Stability Pact limits their debts and deficits...
...brought rates across the zone to 3 percent. England needs to follow suit or risk falling behind its trading partners -- high interest rates (in relation to its neighbors) would prop up the pound and slow down England?s exports, spelling recession for sure. England?s disdain for the euro pact means there will be a pound sterling next year. But if the Bank of England continues to follow the euro-zone bankers? lead on monetary policy, the pound note will be the only indication that Britain hasn?t signed...
...neat twist of fate, Jobs is running Apple again, an interim chairman who seems to be in no hurry to find a replacement. Brought back in a kind of Hail Mary play by a company running out of time, Jobs staged a remarkable turnaround. He signed a peace pact with his nemesis in Redmond, killed off the Apple clones, launched an eye-catching ad campaign ("Think Different"), streamlined his product line, slashed inventory and turned a surprisingly large profit. Suddenly, Apple is cool again, thanks to a sexy, blue, Internet-friendly machine--the iMac--that is almost...