Word: setbacks
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Dates: during 1980-1989
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British observers saw the Conservative defeat as more than the usual midterm by-election setback. Said Liberal Party Press Spokesman Jim Dumsday: "The sheer size of the Conservative failure is quite out of proportion with what one would expect from just midterm blues." Also, because the Brecon and Radnor vote was only the eighth by-election since the 1983 Conservative landslide, it provided a rare opportunity for voters to express their opinion of the Thatcher government. Liberal Party canvassers found that the overriding issue was Thatcher's aggressive style and personality. "We kept hearing, 'It's that woman...
...started Satellite Business Systems, a venture with Aetna and Comsat that was designed to provide data and telephone communications mainly for large corporations. The operation, however, has not been successful, losing $1.3 billion in the past eleven years. IBM eventually bought out Aetna and Comsat. Despite that setback, IBM has continued to push ahead into telecommunications. Last year it bought Rolm, the third-largest maker of telephone switching equipment, for $1.2 billion. IBM and Merrill Lynch have created International MarketNet, a service that supplies information to the financial community. And IBM has joined Sears and CBS in a venture called...
...Toit, 27, still wearing hospital pajamas and with his arm in a sling, said his unit had been sent into Angola to blow up the Malongo oil * refinery, jointly owned by Gulf Oil Corp. and the state-owned oil concern, Sonangol. The mission: to cause a "considerable economic setback" for the Luanda government. The plant is the largest oil refinery in Angola, processing more than half of the country's crude-oil production. The South African government denied that the commandos were sent to sabotage the facility...
...nuclear disarmament, a promise embedded in the treaty. To some of the more militant Third World countries, that failure smacks of hypocrisy. The biggest fear is that one of the restive nations might withdraw from the treaty at the September session; if that happened, it would mean a calamitous setback, the first explicit unraveling of the world's major nonproliferation accord...
...terms of his political future, more significant. In the most important state election since Kohl's national victory two years ago, voters went to the polls in North Rhine-Westphalia, whose 17 million residents represent more than a quarter of the country's electorate. The result: a stinging setback for the Chancellor...