Word: sovereignity
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Carter's campaign to prod the allies into action began with another television appearance, this one extraordinary by any measure. Acting more like an embattled President going over the heads of a balky Congress to the people of America than a statesman dealing with sovereign allies, Carter personally took the U.S. case directly to the West European public. Interviewed by correspondents from British, French, Italian and West German television networks, he talked bluntly about
...alliance that now confronts the challenges of Iran and Afghanistan is one of the most remarkable in history. Created more than three decades ago, it has survived longer than just about any other grouping of sovereign states. The U.S. is its center, with Europe and Japan on the wings, a balancing act that would ordinarily defy all laws of international gravity. It is much more than a polygamous military marriage of convenience in the face of a common foe, and more than an economic bonding. The alliance is based on a common commitment to democracy and, in the case...
...business called the Oxford Shipping Co. In November, using $11.5 million that he reportedly claimed later was a legacy from his deceased father, Soudan bought a ten-year-old Swedish VLCC (Very Large Crude Carrier) that had previously been known as South Sun and Sea Sovereign. Soudan rechristened his new prize Salem...
...Sovereign State...
...strong dollar defender. During the past year he has tried to negotiate the dollar's organized retreat from its role as the world's basic reserve currency by strengthening the powers and reserve assets of the International Monetary Fund. Says he: "None of us are completely sovereign in our domestic economic policies because we are so severely impacted from events abroad." Solomon chose to leave his Treasury job in part because of his growing exasperation with Treasury Secretary G. William Miller, whose easy and loose-talking style contrasts sharply with Solomon's intensity and circumspection...