Word: reactional
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Dates: during 1980-1989
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Despite the illogic of cutting off the contras as a reaction to the excesses of their Administration backers, State Department officials see no way that, in light of the Tower findings, Reagan can win the additional $105 million he is requesting for the cause. Some have already begun referring to the anti-Sandinista rebels in the past tense. Says one official long involved in the contra war: "We had been devising a strategy to somehow save this thing, but after this report, it's all over. We need to start thinking about evacuating the contras, figuring out what...
...strongest reaction to the Gorbachev moves has come in Czechoslovakia. Since Soviet troops marched into that country in 1968 to stamp out the short- lived Prague spring of liberalization, the regime of Gustav Husak, 74, has pursued policies of stolid central planning coupled with rigid political control. Now, encouraged by Gorbachev's words, reformers within the Communist Party appear to have begun a campaign against conservatives. In the process they have encouraged some public support. GORBACHEV can be seen scrawled on a number of Prague walls, and in Pilsen and Bratislava last month small groups of people waved banners declaring...
What caused its nearly hysterical reaction? Was the administration so committed to its South African investments that it had to defend them at all costs? Or was the administration frightened by a handful of Berkeley rowdies...
...reaction'ry throng...
...biggest stock scandal was unfolding. Opening after a three-day weekend, the Dow jumped 54.14 points on Tuesday alone, a record rise for a single session. It set an all-time high of 2244.09 on Thursday before slipping back to close the week at 2235.24. The market's reaction was in direct contrast to its performance after the Boesky revelations last November, when it plunged briefly as investors dumped speculative takeover stocks. This time, big institutions and foreign investors evidently believed the scandal poses no particular threat to their current strategy of snapping up basic industrial stocks, which the buyers...