Word: premier
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...speech comes a week after Soviet Premier Mikhail Gorbachev criticized Stalin...
Saying that Soviet Premier Mikhail Gorbachevhas "an aura of euphoria around him," Sharanskycautioned that "the U.S. must with a sober mindlook not at the good public relations that theSoviet Union has undertaken but at the purefacts...
...standing ovation. Moments later, the other members of China's ruling gerontocracy limped into view. Leading them was Deng's fellow Politburo Standing Committee member, Conservative Chen Yun. Reportedly weakened by a stroke, Chen, 82, slowly toddled to his seat with the help of Zhao Ziyang, the Premier and acting party chief...
...France the conservative government of Premier Jacques Chirac took a different kind of stock-market beating. Only two days before Black Monday, the government had successfully completed the $2.6 billion sale of state-owned Compagnie Financiere de Suez, a financial combine. Last week Suez's debut on the battered Paris Bourse was suddenly postponed. Reason: in the continuing stock slump, shareholders would be hit by immediate losses. To cushion the blow, the 1.6 million small investors who bought Suez shares may eventually be allowed to pay in installments...
...crash, however, has inspired considerable skepticism about the virtues of free-market forces. Last week opinion polls showed that a majority of the French people favored a slowdown in the sell-off. Depressed market conditions forced the Premier to postpone the sale of the government's majority share of the defense and electronics group Matra, a $23.5 million enterprise. Meanwhile, the West German government appeared poised to put off the sale of its remaining 16% stake in auto giant Volkswagen (1986 revenues: $29.3 billion), despite earlier pledges of a sale this year...