Word: unrest
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Mohsen Rezai, 40. As commander of the Revolutionary Guards, the praetorian army of the regime, Rezai would play a key role if unrest broke out upon Khomeini's death. Even if the transition to a new government is peaceful, Rezai's military forces could make him a pivotal player...
Last week's departures bring to more than 70 the number of big U.S. firms that have decided to abandon their South African operations in the past two years. Among companies rumored to be contemplating sell-offs in South Africa are Xerox and R.J. Reynolds Industries. Indeed, as racial unrest continues and pressure mounts on U.S. companies to sever more and more ties, it is likely that the 240 remaining American firms have at least a plan for evacuation. Says Wall Street Analyst Pierre Rinfret, a consultant to several corporations with South African operations, including Chrysler and Tenneco...
...pressures on U.S. companies to go further began mounting about two years ago, when the period of current unrest began. Shareholder petitions calling for everything from new-investment restrictions to a complete withdrawal became a hardy perennial of annual corporate meetings and proxy votes. During last August alone, more than 170 such resolutions were filed with companies whose stock is traded publicly. A second tactic used by antiapartheid activists was the selling off of stocks and bonds issued by firms doing business in South Africa. At least 15 states, including New York and California, and 116 colleges and universities have...
...country, gold for the minerals. The colors are the symbol of the African National Congress, the organization sworn to bring an end to South Africa's apartheid system of racial segregation -- and to three centuries of white rule. Though outlawed since 1960, the A.N.C. has emerged during the unrest of the past two years as the focal point of political allegiance in the seething black townships, the source of growing guerrilla ferment and, paradoxically, a possible key to an eventual solution of the South African dilemma. In Nelson Mandela and four other A.N.C. leaders who have spent the past...
...unrest surrounding the sudden overthrow of Jean-Claude ("Baby Doc") Duvalier's regime in February has kept travelers away from Haiti, and last week the 89-year-old hotel closed its doors. All its furnishings are being put up for sale, but modern-day Haitians do not seem particularly interested in relics from a bygone era. The brightly painted wooden nameplates that identified the Anne Bancroft Suite and other celebrity rooms went for $4 each, and the famed mahogany bar remains unsold despite its modest asking price...