Word: williamsburg
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Dates: during 1980-1989
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...once again considering a tightening of the screws on East-West trade in the ideological war between Washington and Moscow. They fear that the use of the trade weapon may turn up on the agenda of next month's summit meeting of the seven leading industrial nations at Williamsburg, Va.* Kohl's delicate diplomatic mission was intended to head off that possibility. If the idea of punitive trade restrictions were to arise at Williamsburg, it could touch off a row within the NATO alliance as serious as the one that exploded last summer over U.S. attempts to block...
...Chancellor made much the same point over separate dinner sessions with Secretary of State George Shultz and Defense Secretary Caspar Weinberger. Among other things, Kohl stressed that the upcoming summit should deal with more global issues, such as high international interest rates and the dangers of protectionism. Said Kohl: "Williamsburg can be both a realistic summit and a signal of optimism to the world...
Whatever happens at Williamsburg, the U.S. is undoubtedly going to continue to look askance at the volume and substance of East-West trade. A focus for that critical view is the NATO alliance's Coordinating Committee on Export Controls, or COCOM, a body created in 1950 to monitor and restrict the flow of strategic Western industrial goods to the Warsaw Pact nations. It is virtually powerless today. Complains a senior Reagan Administration official: "COCOM is nothing but a junior Italian official and ten clerks...
...sooner, perhaps in early June. Waiting any longer would create great uncertainty in world money markets and not allow time for a smooth transition in case Volcker does not stay. On the other hand, Wall Streeters believe Reagan is unlikely to move before the late-May meeting in Williamsburg, Va., of the leaders of the seven leading industrial powers...
...Captain and Snowdrop head home. "I'm quitting next week," the Captain says as he pauses on Fourth Street to look at a mural on a tenement wall, an eagle clutching a hypo above the legend in red letters: COME FLY WITH ME FOOL! Just before crossing the Williamsburg Bridge, the Captain spots a young white couple crouching together in the front seat of a Mercedes. The man throws a bloody rag out the window. "They just couldn't wait to get home before shooting up," he tells Snowdrop. She smiles back, still glowing in her speedball womb...