Word: settlements
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Dates: during 1980-1989
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...moment, it looked as if the legal clouds were finally lifting from the worst industrial disaster in history. Union Carbide said last week that it had reached a settlement with attorneys for the victims of the December 1984 chemical-leak catastrophe at the company's plant in Bhopal, India. The Danbury, Conn.-based firm (1985 revenues: $9 billion) agreed to pay $350 million in damages for the disaster, which killed at least 1,758 people and may have injured up to 300,000 others...
...after Carbide's announcement, the government of Indian Prime Minister Rajiv Gandhi called the settlement "totally unacceptable." The New Delhi goverment insisted that it would only agree to an amount that would "fully and fairly compensate all the victims." Indian officials privately deemed that figure to be in the $700 million to $1 billion range...
...what the contras could accomplish. The Sandinistas have to look at one of two choices: the possibility of a military defeat and being totally overthrown, or a choice of having a political settlement in which, while they would have to give up this monopoly on power they have, at least they could be in a position to run for office if they could get the people's approval...
While the House debated, a fresh appeal to avoid the use of force in the Central American was made in Washington by the eight-nation Contadora group of Latin American countries seeking a peaceful settlement in the area...
...Most of the broad issues identified by the union are no longer preventing a settlement," said GE spokesman William Kennedy. Despite this progress, he said an end to the 7400-worker strike was "not imminent...