Word: soft
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That injunction had a painful ring for the Reagan Administration, which, despite growing criticism, has clung to its soft-spoken policy of "constructive engagement," an attempt to persuade rather than to pressure. In private, Administration officials expressed their disappointment with Botha's speech, though National Security Adviser Robert McFarlane called the Durban address an "important statement." The Administration was studying it carefully, he said, noting that several ideas in the speech "must be clarified." The same message came from Assistant Secretary of State for African Affairs Chester Crocker, who suggested that Botha's remarks were "written in a code language...
...sweetened with corn syrup, while the drink's original formula called for sugar, which is slightly more expensive. Of course, the Sugar Association has a keen financial interest in the sweetener question because its members do not make the corn syrup that is now used in most soft drinks. The decision by beverage companies to switch sweeteners is one reason why per capita sugar consumption has fallen by some 26% since...
Finally, Coca-Cola's setbacks have extended even to outer space. Coke and Pepsi were aboard the latest flight of the space shuttle Challenger, but at a press briefing last week the astronauts said that neither soft drink was satisfying. Reason: the spacecraft has no refrigerator. Said Mission Commander Gordon Fullerton: "Warm cola is not on anybody's list of favorite things." --By Barbara Rudolph. Reported by Leslie Cauley/Atlanta, with other bureaus
...company's fortunes took a severe knock in 1998 when Russia was hit by a debt crisis and a massive devaluation of its currency. But since then, Coca-Cola's Russian operations have grown back to profitability, Winterton says, and it has half of Russia's $1.9 billion carbonated-soft-drink market. Thus, concludes Winterton, "the opportunity far outweighs the risk...
...Wall Street, suddenly, loves the plan. When Wynn Resorts went public in 2002, demand for shares was so soft that Wynn put up $150 million for the $13-a-share stock. Since then the stock has soared, closing at nearly $53 last Friday. Much of that price is high expectation about his new Macau property, due in 2006, which is part of an influx of American casinos setting up shop there...