Word: agreements
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Dates: during 1990-1990
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Though the four World War II victors -- the U.S., Soviet Union, Britain and France -- must still formally sign off on unification this fall, the Zheleznovodsk agreement caps nine months of dizzying change in Europe and signals the beginning of a fresh era. As Gorbachev put it, "We are leaving one epoch in international relations and entering another." Added Kohl: "The future has begun...
...those between phone-company executives putting together mergers. Last week the circuits were jammed, as giant GTE announced plans to acquire Atlanta-based Contel for $6 billion and form the nation's largest provider of local service and second-largest cellular-phone company. A shadow was cast over the agreement, however, when the Securities and Exchange Commission filed suit, charging that insiders had bought Contel stock before the accord was announced...
...charges a second conflict-of-interest violation when Good in 1986 asked the board to restructure $14 million in loans on troubled real estate projects. According to the agency, Bush should have told the board that Good had just signed an agreement with JNB contemplating a further cash infusion of $3 million. Silverado lost at least $13 million on the restructuring. Bush argues in response that the directors of Silverado knew more about Good's liquidity than he did. The OTS also cites Bush for not abstaining from voting on transactions involving Walters. But Bush claims...
With Nicaragua on the brink of chaos, Chamorro offered last Wednesday to reopen talks with the unions and Sandinista leaders. By the next morning, agreement was reached and calm restored. Union leaders pointed triumphantly to the long list of concessions. Chamorro's supporters hailed as a victory the army's decision to obey orders and not back the strikers. They cited with particular pride a public pledge of loyalty made by Daniel's brother, General Humberto Ortega, who heads the armed forces...
...That agreement to disagree was evident on the most important topic the summiteers discussed: the high tariffs, domestic price supports and export subsidies used by many nations, including the entire Group of Seven, to protect their farmers from more efficient foreign competitors. Experts estimate that such protectionist measures cost the developed world's consumers and taxpayers some $245 billion a year. They also undercut the ability of poor countries to export their agricultural products. George Bush asked his summit partners to phase out government support for farm exports (not that Bush is sure he could sell such sacrifices to farm...