Word: ported
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What Liberia and Panama are to the oil tanker, Delaware is to the U.S. corporation: a friendly, light-taxing home port. Some 180,000 corporations are based there, at least on paper, including 45% of those listed on the New York Stock Exchange and 56% of the FORTUNE 500. So when Governor Michael Castle signed new antitakeover legislation last week, the impact reached far beyond Delaware's borders. Among its provisions, the law requires that takeover artists who buy between 15% and 85% of a Delaware-registered company wait three years before selling off assets or merging the target firm...
...Manigat is finally declared the winner, he will be sworn in as President on Feb. 7. For Haiti's junta, meanwhile, it was business as usual. Police arrested Opposition Leader Louis Dejoie at Port-au-Prince airport as he returned from criticizing the government on a trip abroad and charged him with fomenting civil war. Dejoie was released two days later after hundreds of protesters demonstrated outside the National Penitentiary, where he was being held...
...clairvoyant powers, foresees blood in Haiti's immediate future. He is not alone. A young woman who identifies herself only as Monique has piled her four small children onto a crowded bus that is heading for the boondocks. Like many others who live in the slums that surround Port-au-Prince, Monique does not want to be anywhere near the capital city during the election scheduled this Sunday. "I'm disappearing," she whispers, her eyes darting to see if she has been overheard. South of the capital in the tiny port town of Miragoane, a doctor gives fuller voice...
...contest to a halt just three hours into the balloting. Many Haitians are now forecasting that if Brigadier General Henri Namphy, head of the ruling junta, feels he cannot impose his choice of a President on the rest of the army, he will postpone or cancel the voting. From Port-au-Prince to Washington, virtually everybody seems to discount the possibility of a fair contest. Says a politician who ran for the Senate two months ago but refuses to participate this time: "There is nothing certain about these elections except that they will be a sham...
...Both in Port-au-Prince and Washington, there have been calls for a multinational peacekeeping force to ensure fair and peaceful elections. But neither the Reagan Administration nor leaders of other Caribbean nations have embraced the proposal. Instead, Haiti's allies have voiced support for the elections, then adopted a wait-and-see attitude...