Word: six-year
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...turnaround in U.S. policy came after the Soviet invasion of Afghanistan. Overnight, Pakistan was much more essential as a U.S. ally. In 1981 the Reagan Administration offered President Zia a six-year, $3.2 billion military and economic assistance program. The U.S. also agreed to sell 40 advanced F-16 fighter-bombers, which, like most high-performance military aircraft, could carry nuclear weapons. In approving the assistance, Congress attached a rider that the aid would be cut off if Pakistan exploded an atomic device or came into possession of one. That rider expires, along with the aid package, in 1987. Says...
...insured thrifts. The events demonstrated the shaky state of consumer confidence in banking and sparked demands that all deposit-taking institutions be federally insured. Most of all, Maryland's crisis raised doubts about the overall health of the savings and loan industry, which is attempting to recover from a six-year slump. Said Willard Butcher, chairman of Chase Manhattan Bank: "We have the potential for a very serious thrift crisis in this country...
Major acts of the Corporation are subject to ratification by Harvard's other governing body, the 30-member Board of Overseers. Members of the Overseers are elected by alumni to six-year terms Technically, according to the complex statute governing the relationship between the Overseers and Corporation, the Overseers maintain control over the Corporation and must give it permission to select its new members...
...Brazilian constitution provides for a six-year presidential term, but Neves has indicated that he will support direct elections for 1988. After the balloting, he called for a constituent assembly to redraft the constitution to permit a popular vote. Despite the limited election, it seems clear that Neves, who will take office on March 15, is a popular choice. A poll published Friday in O Globo, an influential Rio newspaper, showed that 66.6% of some 2,100 voters questioned in eleven state capitals said they had confidence...
Papandreou based his demands for $3.75 billion on a proposal made earlier this year by the European Commission, the Community's Brussels-based executive body, to set up a six-year program to subsidize poor farmers in Mediterranean countries. But with the E.C. budget already strained, the Community leaders had planned to set aside only $37 million in aid to poor farmers next year. Papandreou resisted all efforts to lower his sights, including a $60 million counteroffer from West German Chancellor Helmut Kohl...