Word: williamsburg
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Dates: during 1980-1989
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Perhaps the most deft accommodation Reagan worked out in the meetings was with Mitterrand, who had come to Williamsburg proclaiming his desire for a Bretton Woods-style conference designed to enforce stability among different currencies. The U.S. had previously resisted any significant intervention in the free-floating exchange market. Though some observers regarded Mitterrand's Bretton Woods call as a red herring, the French were looking for at least a U.S. show of respect for their concern about the ill effects of unpredictable currency fluctuations. At the final session, Reagan showed his skill as a mediator by suggesting that...
...more. We will call each other up more often." Indeed, most of the Europeans' economic concerns were met by little more than a promissory note, one with no specific due date for redemption. The six visitors will be able to determine what, if anything, they accomplished at Williamsburg only by watching the Washington budget process and U.S. interest rates and dollar exchange rates over the corning months...
...While at Williamsburg, Reagan reportedly authorized Kohl to raise the possibility of a U.S.-Soviet summit when he goes to Moscow next month. Some White House advisers believe a meeting with Andropov would help Reagan politically in 1984, since it would probably soften his cold warrior image. But others reportedly feel that it could backfire unless it yields progress on arms control. In the past, Reagan has said he would be willing to sit down with his Soviet counterpart only if there was a chance of producing substantive results...
Shultz's praise for Pickering glossed over a power struggle that has absorbed Washington ever since the Secretary of State abruptly announced on an airplane bound for the Williamsburg summit that he would replace the tall, patrician Enders. According to the Administration, the shift was merely routine. In fact, it brought into the open a fight over who would control U.S. policy in Central America and especially in embattled El Salvador. In theory, the change left Shultz in absolute charge of Central American affairs, but some skeptics wondered if the shuffle might leave more authority with the White House...
...Prime Minister Margaret Thatcher returned to London from the Williamsburg summit, a crushing Conservative victory in this week's parliamentary elections seemed all but assured. Still, there were unexpected signs of voter uneasiness with the prospect of a Thatcher landslide. A poll by Market and Opinion Research International (MORI) showed the Tories with a comfortable though dwindling eleven-point lead over Labor. Yet the survey also indicated an upsurge in the fortunes of the centrist Social Democratic/Liberal Alliance, mostly at Thatcher's expense. In a week the level of support for the Conservatives dropped from...