Word: tradings
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Dates: during 1980-1989
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...trade battles between Japan and the U.S., few have provoked more friction than the fight over the semiconductor industry. Ten years ago, U.S. companies manufactured 80% of the world's computer microchips, but since then the Japanese have taken over roughly that share. Last week a group of seven American computer companies, including archrivals IBM and Digital Equipment, announced a move that might help the U.S. recoup some of its lost ground. The companies will create a joint venture that will manufacture and sell dynamic random-access memory (DRAM) chips using IBM technology...
...morning, I could beat anybody in this town." As for the allegations of dishonesty, "If all this corruption was going on, I should be in jail." Some of his staunchest supporters now see the emperor without his clothes. For 15 years, Washington power broker Max Berry, a wealthy international trade lawyer, raised money and campaigned for Barry. Berry used to defend him. Today he gripes, "It's just a matter of time before the next thing hits. It's hard not to like him, but he's a rascal, and he ought to be thrown...
Today, when movies are not so grand, male icons come in two models. The comics (Bill Murray, Tom Hanks, Eddie Murphy) trade in hip facetiousness, in sitcom-size emotions, in the suave hustling of attitude. The hunks (Harrison Ford, Sylvester Stallone, Clint Eastwood) go crusading for the Grail, the heavyweight title, the urban psycho, but have few communal roots; they are loners, in quest only of the quest. Suspended between these two types is young Tom Cruise -- a certified star in search of an enduring identity...
...sides also signed eleven other agreements, all involving trade. Commerce between the two countries, which fell 36% from its peak in 1984 to a total of $8 billion last year, has lately begun to pick up again. Gorbachev was especially taken with demonstrations of the high-tech wizardry that abounds in West German industry. In one factory a robot poured glasses of a local wine for a toast with Baden-Wurttemberg Minister President Lother Spath. Gorbachev repeatedly encouraged West German industrialists to participate in joint ventures in the Soviet Union. Said he: "Those who look ahead and take calculated risks...
...power plants can achieve the reduction any way they want. They can install scrubbers on smokestacks, switch to burning low-sulfur coal or adopt new technology for cleaner burning of high-sulfur coal. Moreover, they can trade what would amount to pollution rights. If one utility cuts sulfur- dioxide emissions more than the law requires, it can sell the unused portion of the emissions it is allowed to another company that is having trouble meeting its standard. While the total reduction would be the same, both companies would cut costs: the seller because it would get extra money...