Word: tradings
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Dates: during 1980-1989
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...tiny weekly newspaper in Illinois that he published, explaining why he had become a Democrat. The year before, he had endorsed Republican Thomas Dewey over Harry Truman. His change of heart, the youthful Simon explained, came because he preferred the Democrats' commitment to "world peace" and "genuine world free trade" and faulted the Republicans for their backsliding on "civil rights" and their antilabor sentiments symbolized by the Taft-Hartley Act. The same thoughts and phrases echo in his speeches today. What distinguishes him in the current campaign is that, from his bow tie to his emphasis on creating jobs, Simon...
...whose 1981 state visit to Washington he arranged. Deaver goes on to describe how he and Chun embraced in the Oval Office. His fee: $150,000. Deaver goes to Seoul, is treated like a dignitary, meets the President and other top leaders, and links the cigarette issue to pending trade matters. In addition, the company retains Michelle Laxalt, daughter of then Senator Paul Laxalt, a close friend of the President...
Dole also laid out several other major tenets of his public policy, saying he is committed to preventing protectionist trade-legislation, to promoting right-to-life policies, and to enhancing the quality of American public schools...
Many American experts now believe that was a serious mistake. The dollar, its real value undermined by budget and trade deficits, has continued to attract more sellers than buyers. Central banks have spent something like $90 billion this year buying greenbacks to prop up the price. Worse, the Federal Reserve was forced into the high-interest-rate policy that proved to be poison to world stock markets. And still the Louvre values could not be sustained. ( Last week the dollar fell to new lows against the West German mark and Japanese yen; foreign governments seemed willing to buy only enough...
...international capital during the period when the U.S. is slowly weaning itself from dependence on foreign borrowing. That course is necessary for other reasons: Japan, West Germany and possibly other exporting countries would need to stimulate their own economies to take up the slack if a lower American trade deficit reduced their sales to the U.S. Rimmer de Vries, chief international economist of Morgan Guaranty Trust, puts the case for such international cooperation succinctly: "A global economy needs global management...