Word: tradings
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Dates: during 1980-1989
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After the lackluster Montreal performance, many countries may be tempted to bypass GATT and negotiate more bilateral or regional pacts with only a few trading partners. Still, no one is quite ready to abandon GATT. Says Bill Martin, chief economist of Phillips & Drew, a leading London brokerage firm: "There's not great hope that GATT can achieve much in the way of further trade liberalization. But GATT is a very important bulwark against galloping protectionism." An important bulwark, but an increasingly leaky...
Gorbachev, who has made clear his understanding that the competition for influence in Europe will depend less on military than economic clout, has staked his claim under the banner of a "common home from the Urals to the Atlantic" shared by the Soviets and West Europeans. By establishing trade, opening markets and seeking financial credits (as well as unilaterally cutting troops), Gorbachev hopes to entice Western Europe into sharing his vision of home...
...counter Gorbachev's talk of a "common home," Bush could emphasize the "common ideals" -- free markets, free trade and free people -- that have been the positive basis for the American partnership with Western Europe that was born with the Marshall Plan. An alliance once based on necessity would become one based on shared values...
...Attorney Carla Hills, 54, a former Secretary of Housing and Urban Development under President Ford and a tough negotiator, was named U.S. Trade Representative...
...city's finest, plus the peacekeeping forces of the U.N., the FBI, the FAA, the KGB, the Secret Service and the Coast Guard. Like tourists in for the holidays, the Soviet Union's First Couple took in all the right places, both high (the World Trade Center's 107th-floor observation deck) and low (Times Square's movie district...