Word: summited
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Dates: during 1980-1989
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...Administration has worked out a formula to help ease the burden on some borrowers while maintaining the confidence, and therefore the cooperation, of lenders. Announced by Treasury Secretary Nicholas Brady in March and endorsed by the World Bank and the International Monetary Fund, as well as at the economic summit in Paris last week, the plan calls for "reducing" -- in fact, forgiving -- some principal and interest, thus freeing borrowers' resources for growth. The banks end up holding IOUs that have a lower face value but a higher chance of being repaid. The increased prospect of the debtor nations' economic...
...gamble: in howling winds they tied two soldiers to the runners of a helicopter for a seven-minute ride to the peak, not certain whether wind speed and icy temperatures would cause them to freeze to death before they reached their destination. The soldiers survived, landed on the summit and held off about a dozen Indians climbing toward the same spot...
...almost lost in the sound and fury over his party's impending election setback was Prime Minister Uno's unveiling of a multi-billion dollar Third World aid package at the Paris economic summit...
What is atop the summit if Foreman manages to conquer it again? Money? "A lot of it," Foreman acknowledges. Not for lavish houses in California, or Mercedes and Corvettes. Foreman has had those. "For the kids," he explains. "I want to give them the same shot I had." The ninth-grade dropout got his rebirth in the Job Corps. Since 1984, he's dispensed his own good deeds at the George Foreman Youth and Community Center on Houston's north side. The small gym with its boxing ring and exercise gear is an after-school haven for 400 youths, some...
From breaking bread with Solidarity and Communist bosses in Warsaw to exhorting students in Budapest, Bush plays a winning hand of personal diplomacy. -- The Paris summit underscores a new reality: European nations, not the U.S., may be more able to guide the West's response to changes in the Communist bloc. -- An errant plane, a crash with a miraculous outcome, a puzzling wound...