Word: tradings
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Dates: during 1980-1989
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Harvard sponsors an education project for trade unions, which encourages cooperation between universities and labor and accepts huge grants and involvement from the local clerical union's parent, the American Federation of State, County and Municipal Employees. This spring the University showed that it is willing to take in the money as long as it doesn't have to learn any lessons...
...rival groups agreed years ago that the Medellin dealers would monopolize Miami and the Cali clan would control the New York trade. But the popularity of crack has expanded the more profitable New York traffic and apparently shattered the deal. One ominous result is that both Robert M. Stutman, head of the federal Drug Enforcement Administration office in New York, and Sterling Johnson, New York City's special narcotics prosecutor, say they have learned that the Medellin cartel has hired gunmen to kill them. Says Stutman: "We get very angry at this type of thing...
...same time, as Trade Expert Clyde Prestowitz argues in his recent book Trading Places, the flight of budding entrepreneurs from large heavily capitalized corporations is wounding the very U.S. companies that are most capable of competing with the sprawling industrial giants of Japan. Even some leading entrepreneurs, mostly those whose brainchildren are now billion-dollar companies, say the start-up craze has gone too far. Gordon Moore, chairman and co-founder of Intel, the chipmaker based in Santa Clara, Calif. (1987 revenues: $1.9 billion), says "vulture capitalists" have lured away some of his best technicians with offers of seed money...
...maintaining the status quo. A wave of strikes in Poland that closed down at least 22 enterprises employing more than 110,000 workers amounted to the most serious outbreak of unrest in Eastern Europe since the nationwide strikes eight years ago that gave rise to the now banned trade union Solidarity and ended with the imposition of martial...
Anniversaries are revered in Poland, but it was apparently just coincidence last week that workers launched a wave of strikes close to the eighth birthday of the outlawed Solidarity trade union. The stoppages crippled ten coal mines in Silesia and paralyzed dock facilities in the Baltic seaport of Szczecin. Although the strikes were not organized by Solidarity leaders, Lech Walesa, head of the union, warned that workers at the Lenin shipyard in Gdansk would join the disruptions early this week. The strikers' demands included legalization of Solidarity, as well as higher wages and better working conditions...