Word: tradings
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Dates: during 1980-1989
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...exit of Control Data could aggravate U.S.-Japan trade friction over supercomputers. Says Etsuro Yamada, a spokesman for Fujitsu: "The fact is that Control Data lost in a fight with Cray, but that may not be the way the Americans will look at it." The U.S. has long complained about the Japanese government's failure to buy U.S.-made supercomputers. The two countries signed a 1987 accord in which Tokyo agreed to eliminate discrimination against U.S. supercomputer makers in the purchasing procedures of Japanese government agencies and universities. But since then, Tokyo has failed to buy a single U.S. supercomputer...
They hang out in parking lots and playgrounds. They commandeer vacant apartments. In some cities they have become occupying armies, besieging entire housing complexes. They are the drug dealers who have terrorized public- housing projects since the birth of the crack-cocaine trade. Last week Secretary of Housing and Urban Development Jack Kemp announced sweeping plans to drive drug dealers out of public housing. But in his zeal to attack the drug crisis, Kemp may have ignored serious questions of practicality, if not constitutionality...
...striding through a hallway in Warsaw's parliament building last week when he came across a man he had not met in more than seven years. "So, our roads have finally crossed," said the chief of Poland's Communist Party. Replied Lech Walesa, leader of the country's Solidarity trade union: "I hope they will not part again...
Both men have good reason to stay the course. Two weeks before the encounter, representatives of the government and Solidarity had signed an accord that paved the way for the legalization of the previously outlawed trade union and moved the country one step closer to what may become Eastern Europe's first multiparty system. Last week Solidarity backed a preliminary slate of twelve candidates, including a film idol, a schoolteacher and a former political prisoner, to run in the parliamentary elections scheduled for June. If successful, Poland's experiment could set an example to be followed by other reform-minded...
...Soviet public, the chronic shortage of many consumer goods has only worsened under perestroika. Nonetheless, the Kremlin has been reluctant to dip into its hard-currency reserves (around $40 billion, according to Western estimates) to buy consumer goods from the West. But faced with rising discontent, Deputy Minister of Trade Suren Sarukhanov announced last week that the Soviet Union has signed contracts with companies from ten foreign countries to supply products with a retail value of some $2 billion in the hopes of at least temporarily quelling demand. Among the items: 12 million pairs of women's boots, 300 million...