Word: sovereignity
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...table for West European representatives. The U.S.S.R. has persistently tried to include British and French nuclear weapons on the agenda, but the U.S. is just as adamant about discussing only Soviet and American forces. Unlike the US.S.R.'s Warsaw Pact satellites, the U.S.'s NATO allies are truly sovereign states, and Britain and France have refused to let the U.S. bargain with their independent arsenals...
...postwar Japan have been the peace treaty following World War II, the U.S.-Japanese security treaty and the constitution. The Communist Party and the left wing in general have argued for a policy of unarmed neutrality based on their interpretation of constitutional Article 9 [which renounces war as a sovereign right]. But the interpretation by the Liberal Democratic Party and by a majority of the Japanese people has always been that we can maintain the minimum self-defense capability, that an independent nation is entitled to maintain sufficient armed forces for minimum self-defense. There has been confusion as regards...
...Central America, the main aim of the CBI is to fight Marxist-led subversion and insurgency. But in the 2,000-mile-long sweep of islands that dapple the Caribbean Sea, the problems are very different. The area's twelve sovereign nations, nine of which have become independent since 1961, face poverty, high unemployment, crippling debt and declining income from their few marketable commodities. TIME Caribbean Bureau Chief William McWhirter and Correspondent Bernard Diederich visited much of the archipelago and interviewed its worried leaders. Their report...
...that are questionable credit risks tax deductible. British banks are worried enough to have increased provisions for losses to the largest levels in memory. In West Germany, the national banking supervisory agency is understood to have informally recommended that banks "write down," or unofficially write off, 40% of their sovereign risk loans. Matters are less critical in Japan, where the Ministry of Finance makes certain that banks do not lend more than 30% of their capital overseas. But even Japanese banks, which had a total of $81 billion in international loans outstanding in 1981, suffer formidable exposure...
...troops who sailed to the sound of brass bands and cheering, anticipated the bloody battles that lay ahead. But all attempts at a diplomatic settlement failed, and war it was. It was an impressive late 20th century display of fighting for a principle?that a nation must defend its sovereign territory...