Word: recession
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...Dole, perhaps; but the Senate Finance Committee chairman had special reason for annoyance. He had risked the wrath of farmers in his home state of Kansas to sponsor a bill freezing agricultural "target prices," only to see it shunted aside by a filibuster as Congress prepared for its August recess. To Dole that seemed all too symbolic of a refusal by both Congress and the White House to face the danger that $200 billion deficits will lead to an increase in interest rates that could kill off the economic recovery. Dole took the Senate floor to deliver what amounted...
...disavowed by Washington and Moscow. But West German Foreign Minister Hans-Dietrich Genscher seemed to resurrect it last month when he told a reporter during a visit to Bulgaria that "the closer we come to the resumption of talks between the U.S. and the Soviet Union after the summer recess, it will be all the more useful to think along the lines of the agreement worked out on that walk in the woods." Five days later, Kohl further fueled speculation that Bonn was shifting its position when he said bluntly that the walk-in-the-woods idea "must be examined...
...TIME'S report (July 25) that American weapons were flowing from the U.S. to Iran in spite of a U.S. ban on such sales. But some congressional committees have taken an interest in the matter and intend to pose questions to the Administration about it after the summer recess. Coincidentally, federal agents in New York City concluded eight months of undercover investigation into illegal weapons exports last week. Eight men were charged with conspiring to sell more than $2 billion worth of weapons, including attack helicopters, rocket launchers, missiles, tanks and machine guns, to federal agents who posed...
...June, however, the Court issued an indefinite stay allowing the Department of Education to go ahead with the law until the justices can make a final decision after they return from their summer recess...
...strikers. When the Communists brought a motion of no confidence against the government, the issue sparked one of the most inflamed debates in the history of the Knesset. Health Minister Eliezer Shostak called Labor Opposition Backbencher Yossi Sarid "a loathsome abomination"; Sarid replied, "You are execrably revolting." After a recess, secret negotiations between the strikers and government ministers resumed. At week's end the government seemed to be surrendering to the doctors' demands, while trying to dissuade other professions from following the precedent...