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...dared to gamble again, this time on a cautious scheme devised to provide the basis for an armistice, if not a settlement, in one of the world's most tenacious conflicts. After a year of discussions between British and Irish negotiators, the two leaders flew to an Anglo-Irish summit at the 188-year-old Hillsborough Castle, twelve miles to the south of Belfast. There they signed an agreement giving the Irish government an official voice in the running of Northern Ireland for the first time. In return, the FitzGerald government strongly recognized the desire of Ulster's Protestants...

Author: /time Magazine | Title: Northern Ireland: Summit at Hillsborough Castle | 4/18/2005 | See Source »

Though British officials had gone to considerable lengths to downplay the significance of the event, the summit agreement reverberated across Britain and Ireland like a distant explosion. The straightforward language of the accord raised as many fears as it did hopes. Said Professor John A. Murphy, a history teacher at University College, Cork: "There is no grand solution. You can only make incremental moves. This seems to be a courageous one. It's the first time a role for the south has been formally recognized [in Northern Ireland] since 1925. This has to be a dramatic development...

Author: /time Magazine | Title: Northern Ireland: Summit at Hillsborough Castle | 4/18/2005 | See Source »

Provincial leaders were kept guessing about the summit and its controversial compromise until the last minute. The secrecy surrounding the negotiations only heightened the resentment felt by James Molyneaux, the leader of the Ulster Unionist Party, and the Rev. Ian Paisley, the fiery head of the more militant Democratic Unionists. Normally fierce rivals, the two men joined forces to oppose the Anglo-Irish rapprochement. Jointly they protested, first by letter and then by visiting 10 Downing Street to make their case in person. They demanded that Thatcher submit any proposed agreement on Ulster to a referendum in the province, where...

Author: /time Magazine | Title: Northern Ireland: Summit at Hillsborough Castle | 4/18/2005 | See Source »

Last week, at a Washington conference billed as the U.S. Congressional Summit on Exchange Rates and the Dollar, some 400 international finance experts began talking about new ways of doing things. Sponsored by Presidential Hopefuls Jack Kemp, a Republican Representative from New York, and Bill Bradley, a Democratic Senator from New Jersey, the two-day conference attracted such luminaries as Jacques Attali, counselor to French President François Mitterrand, New York Investment Banker Felix Rohatyn and Yusuke Kashiwagi, board chairman of the Bank of Tokyo. No agreements were reached, but a consensus emerged: more must be done to narrow currency...

Author: /time Magazine | Title: Fix It Before It's Broke | 4/18/2005 | See Source »

...China is also beginning to exert a greater influence on Australian foreign policy. The paths to many of Australia's regional ambitions, including participation in the proposed East Asian Summit and a free trade agreement with China, now pass through Beijing. Ties with China will not supplant Australia's military alliance with the U.S., which is still supported by the great majority of Australians. Differences in political systems and social attitudes also impose a barrier to the sort of easy interaction Canberra enjoys with Washington. But in all sorts of ways, Beijing's voice is being listened to. Foreign Minister...

Author: /time Magazine | Title: Living With The Giants | 4/18/2005 | See Source »

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