Word: remains
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Dates: during 1980-1989
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...nearly 150-year tradition of democracy, which was toppled in the 1973 coup that brought Pinochet to power. Since ousting the elected, but floundering, government of Marxist President Salvador Allende Gossens, Pinochet has led a military junta that routinely uses terror to enforce its will. Deep scars remain from a 1973-76 antileftist purge in which tens of thousands of Chileans were exiled, tortured or executed. Meanwhile, the politically explosive gulf between rich and poor has steadily grown wider. "We broke an authoritarian system," said Ricardo Lagos, president of the Party for Democracy, one of the 16 groups that made...
...constantly have to look over their shoulders for a raider. Even worse, hostile takeovers often saddle the target companies with huge debts that make them weaker than they were before the raid. The solution is not to ban all hostile takeovers, which would allow some ineffective chief executives to remain entrenched for life. But the Government could put restrictions on the amount of debt that could be accumulated to finance takeovers. In addition, the tax deductibility of interest payments on that debt could be limited...
...vote will not transform Chile overnight. If presidential elections are held as scheduled in December 1989, Pinochet, who has already headed the country longer than any other leader, would retain power at least until March 1990. He can also remain commander of the army until 1995. Whenever the voting does take place (opposition leaders have pressed for an earlier date), Chile's traditionally fractious parties will have to agree on a field that allows the winner to emerge with enough support to govern...
Western intelligence experts remain puzzled by the maneuver. Although Chebrikov apparently played a pivotal role in bringing Gorbachev to power in 1985, his recent public statements suggested that he was lukewarm about too much glasnost. If Chebrikov's new job makes him a watchdog over the activities of the Soviet security forces, his position may have been strengthened. On the other hand, as the Central Committee's new law-and-order secretary, he must deliver on Politburo promises to turn the Soviet Union into a nation "governed by law." Otherwise, he could be trampled in the next leadership shuffle...
Harry Truman was presiding over the Senate when Franklin Roosevelt died in Warm Springs, Ga. After Eleanor Roosevelt gave him the news, his first question was "Is there anything I can do for you?" He called a Cabinet meeting, asked each member to remain in the job, promised that there would be continuity with F.D.R.'s policies, but stressed that he would be making his own decisions...