Word: westing
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Dates: during 1980-1989
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BRUSSELS, Belgium--President Bush said yesterday it's too early to proclaim an end to the Cold War, but added that Mikhail S. Gorbachev's acceptance of sweeping reform in Eastern Europe "absolutely mandates new thinking" by the West...
...halt speculation, Modrow announced strict customs controls on the borders with the West. But East Germany's monetary crisis is likely to worsen, thereby increasing dependence on the deutsche mark -- and West Germany. Bonn, in the meantime, is withholding its promised assistance until it is convinced that East Berlin will introduce concrete and irrevocable reforms...
...joke that might have been heard over coffee at a Tory think tank: "Glasnost is trying to escape over the Wall, and getting shot with a silenced machine gun!" Its pivotal violence is a bloody shoot-out during an attempted escape along the autobahn from Berlin to the West...
...EAST-WEST: Yet another regime topples in Eastern Europe, helping set the agenda of the Malta summit...
Gorbachev's time may be running out. Western economists believe, contrary to official Soviet statistics purporting to show growth, that the economy is actually shrinking. What can the West do to help? Industrial nations can offer advice and much needed economic expertise, but massive financial aid would be ill advised and probably not what the Soviets want in any case. Abalkin has already mentioned that the Soviets would like to be given the trading status of most favored nation, along with more freedom to import high-technology goods. But by and large, Soviet economists understand that they have to solve...