Word: trades
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Dates: during 1990-1999
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...effort didn't start yesterday. Five years ago, when candidate Clinton was first running for office, he used to flay President Bush for going easy on China and warn that "if other nations refuse to play by our trade rules, we'll play by theirs." China and its commercial partners wanted to be sure that Clinton would never make good on his word...
Despite China's decade-plus economic liberalization, its critics in the U.S. still see the country as a monolith obsessed with growing ever stronger through unfair trade practices. The view goes something like this: Beijing believes it can export whatever it wants while barring imports on any pretext it chooses. It can undercut other manufacturing nations by the use of cheap labor. It can steal ideas and ignore copyrights without much risk of retaliation. And it can essentially blackmail multinational companies into transferring jobs and technology as the price of cracking open a market of 1.2 billion people. Taken together...
...increase. Stocks fell on the announcement, but not by all that much -- the Dow finished down 57.40 points, while the Nasdaq actually reversed its recent slide -- because most analysts had been expecting the move. Other economists said Greenspan would be making a mistake to raise rates, noting new trade figures showing January's overall deficit the worst since 1992. The trade gap with China alone jumped 41 percent to $3.7 billion, leading to fears that a tightening of the money supply could drive the dollar higher, making rising deficits even worse. A one-quarter point rise in rates could come...
...other Washington lobbyist. These transactions didn't occur on government real estate, but are they any purer for that? Republican Senator Don Nickles signed a 1990 letter promising G.O.P. donors of $10,000 or more an invitation to the Bush White House and a chance to meet with U.S. trade officials and foreign ambassadors. Imagine the fuss if Clinton had enlisted other countries' ambassadors in his partisan fund-raising efforts. But Nickles says all this is different from Clinton's "coffees" because Bush just "dropped in on a reception. He was probably there 30 or 40 minutes." Forty minutes--harmless...
Billy Adare, Payback's in-over-his-head hero, is an honest law student who pays his tuition by working summers at the family trade of sandhogging, in a big water tunnel being dug beneath Manhattan. The work is dangerous enough at the best of times, but jostling has broken out between Irish construction thugs from Hell's Kitchen, who by tradition control labor in the tunnel, and Italian heavies hired by management to break the union. At first Billy tries to ride out the skirmishing. Then his elder brother Paddy, a former prizefighter who is an enforcer...