Word: turkeys
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Dates: during 1970-1979
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...late 1950s and early 1960s Chrysler Corp., like many another U.S. company, transformed itself into a multinational: it built or bought plants from Turkey to Australia so that it could compete worldwide with GM and Ford. But in recent years the foreign operations have brought Chrysler more pain than profit, so now the financially beset smallest member of the U.S. Big Three seems well on its way to turning itself into something much rarer: an ex-multinational...
...victory, reports TIME Congressional Correspondent Neil MacNeil, came only after some important private maneuvering by Jim Wright. Although he personally favored keeping the embargo against Turkey, he felt that as Democratic leader he must back the Administration's pro-Turkey policy. First he tried to draft a compromise acceptable to Brademas and others who favored Greece rather than Turkey. Brademas agreed to a one year suspension of the embargo if Turkey would take positive steps to end the Cyprus stalemate. The President rejected that, however, arguing that it "would be like putting the Turks on parole. It would offend...
Wright then started searching for some formula that could satisfy both the President and a House majority. The result was the bill passed last week. Similar to the Senate version, it allows the President to end the embargo if he certifies that Turkey "is acting in good faith to achieve a just and peaceful settlement of the Cyprus problem." The President must report to Congress every 60 days on progress toward a Cyprus solution...
Resuming full-scale shipments of arms to Turkey will strengthen NATO's southern flank. Almost twice the size of California, with a population of about 42 million, Turkey shares a 370-mile border with the Soviet Union. The 500,000-man Turkish armed forces are deservedly renowned for their ferocity. With more than 300 warplanes and nearly 3,000 tanks, they help tie down about 26 divisions of the Soviet-led Warsaw Pact, which otherwise might be deployed against NATO forces in Central Europe. Its location enables Turkey to monitor Soviet warships, including submarines, passing from the Black...
...send the Turks about $140 million worth of fighter jets and missiles, among other things. But the Turks, angered by the embargo, began making overtures to their Russian neighbors. Moscow responded eagerly and this year alone granted Ankara an $800 million credit for non-military purchases. Turkey's slight shift toward neutralism is now expected...