Word: centrality
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1980
Sort By: most recent first
(reverse)
...demands for guarantees of money in the amount of $23 billion presented the most difficulties, according to senior U.S. officials. For example, it was unclear what portion of the frozen $13 billion must be transferred to an escrow account in the Algerian Central Bank as a guarantee of good faith. Some $7 billion of those assets is subject to litigation by American companies that had contracts in Iran before the revolution. U.S. officials had hoped Iran would understand that Carter does not have legal authority to expatriate those funds. The implication was that the demand exceeded the amount Carter might...
...nine months, the sputtering civil war in the Central African nation of Chad had been conducted with little enthusiasm. The two brigade-size guerrilla groups-one led by President Goukouni Oueddei, the other by insurgent Defense Minister Hissène Habré-had reached a virtual stalemate in their listless battle for control of the impoverished, landlocked country of 4.5 million. Fighting mainly over the capital of N'Djamena on the Chari River, the two miniarmies regularly exchanged artillery duels, and then, just as regularly, stopped shooting for lunch, tea and dinner breaks...
...newspapers lavishly displayed an article that was filled with oblique but unmistakable criticisms of Hua. "The party's prestige is not high now," the article declared, hardly needing to mention that Hua Guofeng has been the party's leader for nearly five years. Some leaders of the Central Committee made mistakes even after the downfall of the Gang of Four, the article went on, pointing specifically to a "cult of personality." As every Chinese knows, just such a cult swirled around only Hua for several months in 1976 and 1977 when his pictures were displayed side by side...
...series of managerial jobs in the Leningrad region, until he began a spectacular rise to power in the late 1930s. Escaping the Great Purge that dispatched millions of others to Stalin's Gulag, he became mayor of Leningrad. By 1939 he had ascended to membership in the ruling Central Committee...
Whatever happens to the economy in 1981 will depend to a large degree on the actions of the Federal Reserve Bank and its controversial chairman, Paul Volcker. As the nation's central bank, the Federal Reserve regulates the availability of both money and credit in the economy, which helps determine the level of interest rates for borrowers and lenders alike. In October 1979, the Fed announced that it was scrapping its traditional inflation-fighting tactic of trying to regulate overall economic activity by manipulating interest rates within a narrow and relatively low range. The bank decided instead to attack...