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...grudgingly agreed at the Williamsburg economic summit in May to consider more ambitious actions. Under prodding from French President François Mitterrand, Washington said it would help stabilize foreign-exchange markets whenever trading became unusually hectic. Some foreign officials, however, had doubted that the Reagan Administration would honor that agreement. Said French Finance Minister Jacques Delors early last week: "The Americans mock Europe and pursue their policies with insensitivity. They only do what's in their own interest...

Author: /time Magazine | Title: Reining In the Runaway Dollar | 8/15/1983 | See Source »

...diplomatic initiatives. I have visited the U.S., Korea and other Asian countries. On these occasions, I enunciated Japan's policies more clearly than had been done in the past. At the Williamsburg economic summit, I stated Japan's strong resolve to contribute actively to the cause of the West. These efforts, I believe, have been instrumental in dispelling doubts about Japan that existed abroad. Compared with previous Japanese policy, it seems to me that we have entered a new age, especially with respect to the political role Japan should play in the world...

Author: /time Magazine | Title: Japan: An Interview with Yasuhiro Nakasone | 8/1/1983 | See Source »

...leaders of the world's seven major industrial powers labored over their joint communique at Williamsburg last May, Prime Minister Yasuhiro Nakasone suggested inserting a sentence that sounded like diplomatese at its blandest. "The security of our countries," it said, "is indivisible and must be approached on a global basis." But the six other leaders immediately recognized the symbolic importance of the Japanese recommendation, which they readily approved. For the first time since 1945, when officers of the imperial Japanese army stood on the deck of the U.S.S. Missouri and witnessed their country's surrender, Japan had publicly...

Author: /time Magazine | Title: Japan: Old Memories Die Hard | 8/1/1983 | See Source »

...Williamsburg summit, he met with local leaders and promised to convey their concern over rising protectionism to the Western leaders at the meeting...

Author: /time Magazine | Title: Japan: A New Good Neighbor Policy | 8/1/1983 | See Source »

...Hirohito finally visited the U.S. Over 15 days, the Emperor traveled from Williamsburg to Hawaii, attending a professional football game, meeting John Wayne and delightedly visiting the Marine Biological Laboratory in Woods Hole, Mass. For years after his trip to Disneyland he sported a Mickey Mouse wristwatch...

Author: /time Magazine | Title: Japan: An Enigmatic Still Life | 8/1/1983 | See Source »

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