Word: summits
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Dates: during 1970-1979
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Tanaka's arrest was the stunning climax of the long-brewing Lockheed scandal that has lapped at the highest levels in Italy and The Netherlands, as well as in Japan. "Operation Summit," as the Japanese dubbed the Tanaka arrest, was hailed with a chorus of banzais. On the floor of the Osaka Stock Exchange, recounted one Japanese broker, after a moment of stunned silence, "everybody began howling his head off." In Tokyo, after an early morning dip, stock prices jumped twelve points...
...sufficient strength to govern alone; the Communists, with 34%, fell short of what they needed to command a formal role in the government. The Christian Democrats were unwilling to share power formally with the Communists. They were also on warning not to by Western allies, who at an economic summit in Puerto Rico in June agreed to withhold aid to Italy if Communists entered the government. Scratching for alternatives, the Christian Democrats considered another center-left coalition, but that was dashed when the Socialists, who got a poor 10% of the June vote, refused to join...
...good reason, therefore, do many of Africa's most respected leaders privately express their revulsion for Amin. At last week's annual summit meeting of the Organization of African Unity, where Amin's one-year term as chairman ended, Zambian President Kenneth Kaunda pointedly refused to shake his hand. Several days later, a Kenyan government statement probably best summed it up, with some exaggeration, when it pitied "the peace-loving people of Uganda" for living under "the world's greatest dictator...
...order to enjoy this film one must accept the idea that it is essentially no sillier to climb the world's highest mountain in order to ski down a few thousand feet than it is to climb to the summit in order to plant your country's flag there. Neither is a useful or sensible activity, but both have a certain absurd grandeur about them...
Aware of the pressures from the left wing in his Labor Party against budget cuts, Britain's Callaghan openly told his summit colleagues that "we set a series of common objectives, but we are each going our own way to achieve them." The divergence of approach may spell trouble in the coming months, but a commitment of world leaders to fight inflation is highly useful-if only it can be made to stick...