Word: summiteering
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...Trade Representative Charlene Barshefsky certainly won't bother pushing Japan to take in American umpires the way Washington once demanded the country import more Louisville Slugger bats. But Japan's trade surplus with the U.S. is once again rising at an alarming rate. At this weekend's Denver summit of the Group of Seven leading industrial nations, the U.S. will push Japan to open its economy further. "Japan's bureaucrats talk all the time about how they have an open market and believe in internationalization," says Robert M. Orr, a baseball enthusiast and vice president of the American Chamber...
DENVER: While this year's summit of major industrial nations will focus on topics ranging from terrorism to infectious diseases, President Clinton intends to steal the spotlight by flaunting the state of the U.S. economy. Clinton, who will arrive in Denver today for the three-day Summit of the Eight, has already set the tone, highlighting the American model of economic development and the policies the Administration has utilized to support private enterprise. "It's indefinable and intangible, but I think it has a lot to do with why we are who we are," he crowed to the Wall Street...
DENVER: While this year's summit of major industrial nations will focus on topics ranging from terrorism to infectious diseases, President Clinton intends to steal the spotlight by flaunting the state of the U.S. economy. Clinton, who will arrive in Denver today for the three-day Summit of the Eight, has already set the tone, highlighting the American model of economic development and the policies the Administration has utilized to support private enterprise. "It's indefinable and intangible, but I think it has a lot to do with why we are who we are," he crowed to the Wall Street...
...fourth-grade reading and eighth-grade math. The tests are supposed to serve only as a benchmark to assess educational progress, but they could one day lead to nationwide graduation standards. Now Wisconsin Governor Tommy Thompson and IBM chairman Louis Gerstner Jr., co-chairs of last year's Education Summit, are adding to the pressure, enlisting companies to pledge that they will look at young applicants' academic records, including exit-test scores, rather than rely only on interviews and job-skill tests...
...crucial test will come next week, when Jospin and Chirac head to Amsterdam for the European Summit. There the ministers are due to approve the controversial, German-inspired "stability pact," intended to impose continued budgetary rigor once the euro is launched. But Jospin has denounced the pact as a "super-Maastricht." If he sticks to that position in Amsterdam, the launching of the euro could be delayed or even scuttled...