Word: summited
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Dates: during 1980-1989
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While Shultz gloated, Treasury Secretary Baker was watching a cherished plan of his own come to fruition. In what is perhaps the most ambitious economic decision ever to emerge from an economic summit, Baker won support for his plan for bringing greater monetary stability to the free world economy. Since 1973, floating exchange rates have been set by the free market. One of the results has been wild fluctuations, including the rapid rise and fall of the dollar over the past two years and the current dramatic appreciation of the yen, which has some Japanese exporters crying for help. Rather...
Several terrorism experts and lawmakers argued that the NBC interview only plays into the hands of terrorists, providing a media spotlight that a man like Abbas needs to dramatize his cause. Indeed, Abbas received extraordinary mileage out of his appearance. Asked at the Tokyo summit about the implied threat against his life, Reagan said, "Let him try," thus elevating a terrorist's bark to something worthy of a presidential response in front of hundreds of reporters from around the world...
...emerges that the President's tentative decision contained another major concession to Pentagon hawks. In a confidential letter to West European leaders that was discussed in the corridors of the Tokyo summit last week, Reagan declared his intention to break the SALT II treaty later this year as the Air Force increases the number of B-52 heavy bombers outfitted with nuclear-tipped cruise missiles. For the past five years, the Air Force has been converting B-52s to carry the low-flying self-guided cruise missile. So far, more than 100 have been modified, and conversions are running...
...when the matter is discussed at another NSC meeting, perhaps this week. Abandoning SALT II would be a blow to the sputtering arms-control talks that resumed in Geneva last week. The timing could also be awkward: the Soviets are now hinting that they may agree to a Washington summit between Reagan and Mikhail Gorbachev in December, just when the breach would occur...
Forget the summit. Let's get down to serious Japanese business here. Not every VIP visiting Tokyo last week was wrangling over the yen and fretting over international terrorism. Anna Maria Craxi, the stylish and ebullient wife of Italy's Prime Minister, was asked through the usual very proper channels what she would like to see during her visit. Kabuki, perhaps? Tea ceremony? A Buddhist temple? Craxi had another idea: an Issey Miyake fashion show. So, snug within the security perimeter of her hotel, Craxi got a close look at some of the world's most beautiful clothes...