Word: vocalizings
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While the conference delegates debate whether the world's Malthusian nightmare is lifting or drawing closer to reality, they will also face a challenge from the Reagan Administration. As part of its vocal antiabortion stance in a U.S. presidential election year, the Administration has announced sharp new restrictions on family-planning assistance for any organization or country that sanctions abortion. The impact of the policy change may be substantial: it is estimated that U.S. contributions of $240 million represent nearly one-quarter of total worldwide aid spent on family planning. The Administration will also inject its free-market philosophy into...
...Managua's Augusto César Sandino Airport last week left little doubt about their opinion of the Marxist-led Sandinista government. "Democracy, yes! Communism, no!" they chanted. "With Arturo in the seat there'll be plenty to eat. Arturo is the future." The small but vocal crowd had turned out to welcome Arturo Cruz, 60, a former junta member and Ambassador to Washington, who was back home from self-imposed exile in the U.S. to run as an opposition candidate in the Nicaraguan elections scheduled for Nov. 4. But the jubilation was short-lived. No sooner...
...large amounts of money on deposit with Continental. The shock waves might extend to local companies doing business with those banks. In short, what was at stake in Continental's crisis was the stability of the entire international banking system. Said Democratic Senator William Proxmire of Wisconsin, a vocal opponent of the Chrysler and Lock heed rescues: "For the first time I favor a bailout. In this case it was absolutely essential...
...vocal advocate of Mitterrand's austerity policies in the previous Cabinet, Fabius was distrusted by the Communists. The son of a wealthy antiques dealer, the balding Fabius is the polished product of France's best schools. Most important, he is a close confidant of Mitterrand's. "You could not fit so much as a cigarette paper between the President's ideas and the way I carry them out," he said...
...More commonly, the fund is a political lightning rod, in part because it is so centrally involved in painful, eleventh-hour policymaking. "People lose sight of the fact that the alternative would be even worse," says a senior fund official. "I find it illuminating that some of the most vocal critics of the IMF are in countries whose economies continue to deteriorate because they refuse to follow IMF recommendations...