Word: thatcherism
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Britain treaded more cautiously last week. London's relations with Tehran have been tense since May, when an Iranian diplomat was arrested for shoplifting. After Iranian Revolutionary Guards beat a British embassy official in response, the two countries began to expel one another's diplomats. Prime Minister Margaret Thatcher has not wanted to push the quarrel any further, though. Sounded out privately two weeks ago by Washington about sending minesweepers to the gulf, she politely said no. Thatcher reportedly was furious when U.S. Ambassador Charles Price formally repeated the same request, forcing her to reject the U.S. again, this time...
...Peter Wright, former assistant director of Britain's counterintelligence agency, is not the stuff of a runaway best seller. The writing is pedestrian, and many of Wright's revelations about the inner workings of MI5, although sensational, have been made elsewhere. But a 23-month campaign by Margaret Thatcher's government to ban the book and any reports about its contents in Britain and the Commonwealth has turned the book into an international publishing phenomenon. It has also sparked a showdown between a defiant Fleet Street and a stubborn Prime Minister over Britain's press and secrecy laws...
...short while, Bragg had a punk band of his own called Riff-Raff. But the most influential individual in his life probably has been Margaret Thatcher, whose divisive social policies and battles with coalminers have given him something to sing out against...
Still, he says that the biggest enemy is not Thatcher but apathy. In an effort to combat indifference in the U.K., Bragg helped form Red Wedge, a loose coalition of various music-makers and comics that has toured Great Britain in support of the Labour Party. Along with groups like the Housemartins, Style Council and the Blow Monkeys, Bragg traveled in the Red Wedge Battle Bus doing benefit shows, press conferences and general rabble-rousing in order to stir up the youth vote. Not quite the entourage of your typical rock star...
Europe's pacesetter is Britain, which is growing at a 4% pace. British businessmen are enjoying a new rush of confidence now that Conservative Prime Minister Margaret Thatcher has won a third term. But Samuel Brittan, an economics columnist for London's Financial Times, noted that Britain faced a real challenge in trying to remain an "island of rapid growth without an improvement in its main trading partners." The same task confronts Italy, which is expected to expand at a 3% rate this year. Said Guido Carli, former Governor of the Bank of Italy: "I doubt that Italy can sustain...