Word: townes
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Dates: during 1980-1989
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...serving his 26th year of a life sentence for plotting to overthrow white rule. Most of his powwows have been with leaders of rival antigovernment groups. But last week Mandela, 71, a leader of the banned African National Congress (A.N.C.), traveled under escort 30 miles to Cape Town for his first meeting with Botha's successor, President F.W. de Klerk. By granting his request for a meeting, De Klerk signaled that Mandela will play a crucial role in proposed negotiations aimed at giving black South Africans the right to vote...
...seven-year-old bank is solidly profitable, a respected institution in Encino, Calif. But John J. Keating, president of Lincoln National Bank, is getting a bum rap all over town. The banker and his institution are suffering from guilt by association with Charles Keating, the savings and loan operator whose Lincoln Savings and Loan of Irvine, Calif., was taken over by federal regulators last April. Charles Keating is a subject of a congressional investigation to determine if he tried to buy favors from five U.S. Senators. John Keating, on the other hand, is not even wanted for a traffic violation...
...electronic money zips into a secret banking industry that got its start in Switzerland in the 1930s as worried Europeans began shifting their savings beyond the reach of Hitler's Third Reich. Later the country's infamous numbered accounts became a hugely profitable business. Chiasso, a quaint Swiss town of 8,700 inhabitants on the Italian border, has 18 banking offices. But during the past few years, Swiss secrecy has been weakened by a series of cases involving money laundering. Switzerland is now preparing a new law that will make money laundering a crime punishable by prison terms. Explains Jean...
...European Parliament, Green parties scored impressive gains. In Hungary protests from local environmentalists led the government to cancel a $ controversial multibillion-dollar hydroelectric-dam project. And in the Soviet Union the budding Green movement showed its muscle by shutting down a new chemical-weapons dismantling facility in the Siberian town of Chapayevsk. "In the future," said Soviet People's Deputy Alexei Yablokov, "the Green movement may be so strong that without its support, no government can do anything sound...
...wearing fur to be embarrassed when they walk into a restaurant. Fur is obscene, fur is cruel, and fur is archaic." Two weeks ago, the city council in Aspen, Colo., voted to put on the ballot an initiative that would ban the sale of fur in the trendy resort town. Says Aspen Mayor Bill Stirling: "As a community, we don't want to earn our sales- tax dollars from cruelty to animals...