Word: retreating
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Dates: during 1980-1989
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...billion in the first quarter, has increased its market share, but mostly at the expense of General Motors, whose share of U.S. sales has plummeted from 46% in 1984 to about 37.5% now. Two weeks ago, GM revealed that it is staging what amounts to an orderly retreat in the face of both domestic and foreign competitors. The company will cut back on capacity, which will make recovering its lost market share difficult...
...cover its retreat, Moscow is banking on the tenacity of Najibullah, the Afghan Communist leader installed by the Soviets in 1986, and his ragtag 150,000-member security force. Najibullah, the former chief of KHAD, the Afghan secret police, is trying to win over the mujahedin by promoting capitalism and elections and by playing up his adherence to the Muslim faith. His efforts have not impressed the rebels, but he evidently hopes to gain credibility in Western eyes...
...lost the nomination; just 66% say they would be content with another candidate. However, blacks may yet become so angered or frustrated by what happens to Jackson that they lose interest. Many party leaders fear what a black adviser to Dukakis calls a "real danger of letdown" -- a retreat to the sidelines -- because Jackson's success has raised expectations so high. Eddie Williams, president of the Joint Center for Political Studies, a black think tank, argues that blacks are so eager to put a Democrat in the White House that they will turn out in large numbers "provided that Jesse...
...cannot win. An estimated 30,000 Soviet troops have died in the eight-year conflict (compared with nearly 50,000 U.S. troops in Viet Nam). The mujahedin denounced the accord last week, largely because they were not invited to participate, but they are nonetheless gleeful over the Soviet retreat. Said Nabi Mohammadi, the leader of Harakat, one of the main resistance groups: "Small Afghanistan has triumphed over the wild Soviet bear...
...central bankers tried to back their words with action. When the dollar began tumbling in midweek, they quickly intervened in foreign exchange markets, buying up the U.S. currency. But the strategy only slowed the greenback's retreat, and if the trade picture keeps deteriorating, central bankers will find it increasingly difficult to prop up the dollar. Investor pressure to drive the currency down could prove overwhelming. Says Howard Wachtel, professor of economics at American University: "If the dollar really falls outside the band agreed to by the G-7 and direct intervention cannot restore it, then we risk a free...