Word: summited
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...best. Moscow zestfully pounced on the opportunity to denounce Washington's "barbaric act of terrorism," adding that the U.S. had lost not one plane in the raid, as claimed, but at least four. For all the rhetoric, however, Soviet officials conspicuously refrained from ruling out a Reagan-Gorbachev summit later this year...
...Libyan brothers. "The Arabs are more upset with the way the U.S. went about punishing Gaddafi than with the fact they did it," says one European diplomat at the U.N. "They would have preferred less obtrusive means." One possible gesture of conciliation that may be discussed at the Tokyo summit would be for Europe to enlist all other North African nations in the fight against terrorism. Explained one top Italian official: "Rather than allowing Gaddafi to separate America from Western Europe, we want to split Gaddafi from the rest of the Arab world...
Maybe not this year. As President Reagan and his aides prepare to fly this week to Bali for a meeting of the Association of Southeast Asian Nations, and then to Tokyo for the twelfth annual summit, on May 4 to 6, the excursion augurs well to be both a practical and a ceremonial success. The reason: as they nudge their economies through a fourth year of sustained growth, the industrialized countries are showing a capacity for cooperation unmatched in recent years. Looking ahead to the three-day conclave in Tokyo's imposing Akasaka Palace, the imperial guesthouse, officials from...
...Economic summit meetings are always part consultation and part ceremony but, all too often, mostly ceremony. Every year the venue changes, but the format is the same. The heads of the world's leading industrial democracies (the U.S., Japan, West Germany, France, Britain, Italy, Canada), joined by representatives of the European Community, gather somewhere pleasant for two to three days of talks in the name of greater economic cooperation. They meet often and dine well in private, with time out for photo opportunities. A communiqué laden with truisms is released. Then the luminaries disperse to follow whatever divergent policies they...
...country's exports through intervention in the currency markets. Says Bank of Japan Governor Satoshi Sumita: "We strongly hope the market will stabilize." Despite those politely phrased misgivings, the official Japanese presummit position, from Foreign Ministry Spokesman Yoshio Hatano, is a bland assertion that "the economic conditions in the summit countries are good. We should try to maintain and promote this situation...