Word: unionizers
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Dates: during 1980-1989
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...agreements to cut conventional arms and strategic nuclear arsenals. In addition, Shevardnadze in his speech last week spoke of Moscow's desire to join such Western economic institutions as the World Bank, the International Monetary Fund and GATT (the General Agreement on Tariffs and Trade). Like Hungary, the Soviet Union could benefit from most-favored-nation trade status...
...strong case that the jet plane and overbooked schedules are enemies of vocal grace. The first issues in this new project include Marian Anderson, Leonard Warren, Rosa Ponselle, Tito Schipa and Jussi Bjoerling. The Warren disk is an oddity, recorded live on a 1958 tour of the Soviet Union, where the baritone's dark, sexy voice knocked 'em dead. Ponselle's sublime vocal poise lights great Verdi arias and ditties like When I Have Sung My Songs to You, I'll Sing No More. Easily the most joyous singer is Schipa, with his diaphanous tenor tones and fluent ornamentation. There...
Last week's move was just a small step toward making the ruble freely convertible to other currencies, a process that will have to be done gradually over many years to prevent disruptions in the Soviet Union's economy. The ruble's nonconvertibility has been a major barrier to East-West joint ventures...
More important, the Soviet Union has a glut of cash, a so-called monetary overhang, which has ballooned under Mikhail Gorbachev because the Soviet government has run increasingly large budget deficits to maintain social peace by subsidizing prices for essential goods and services. The government prints more money to cover the gap, which in a free-market economy would increase inflation. But under the severe price controls of a command economy, the money has no place to go but under the mattress. Jan Vanous, research director of PlanEcon, a Washington-based consulting firm, estimates that...
TOWARD THE SOVIET UNION...