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Word: controller (lookup in dictionary) (lookup stats)
Dates: during 1990-1990
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When Mikhail Gorbachev came to power five years ago, the U.S.-Soviet agenda broadened and deepened. During their four meetings in 1989, Baker and Eduard Shevardnadze spent so much time on the ideological and geopolitical issues at the core of the relationship that arms control was largely relegated to "working groups" manned by deputies. But the current leaders in Washington have come to realize that they are limited in what they can do to help Gorbachev succeed with perestroika. And the U.S. and the Soviet Union are nowhere near jointly managing the emergence of a new international order. George Bush...

Author: /time Magazine | Title: America Abroad: How to Avoid the Bush Folly | 2/12/1990 | See Source »

...after the current talks produce a treaty later this year. However, hawks in the Pentagon and elsewhere in the Government are questioning whether there should even be a START II. All this is reminiscent of the bureaucratic factionalism that so often made for an unedifying subplot of arms control in the past...

Author: /time Magazine | Title: America Abroad: How to Avoid the Bush Folly | 2/12/1990 | See Source »

Because federal agencies have begun to reassert regulatory control over the past two years, credit terms are tightening up. The Government has required banks to boost their ratio of equity to total outstanding loans, so that institutions will have more of their own holdings at risk. As a result, banks are being more careful about making loans and borrowers are finding it harder to get credit...

Author: /time Magazine | Title: Better Watch Out | 2/12/1990 | See Source »

Though the Avianca crash will doubtless make nervous flyers even more jittery, experts say the odds of a similar accident happening are not great. A flow-control system tightened after the 1981 air controllers' strike has reduced circling time near U.S. airports by requiring more weather delays to be spent on the ground. Fuel shortages turn to catastrophe only if crews do not notice or clearly declare their predicament. Said C.O. Miller, former chief aviation-accident investigator at the National Transportation Safety Board: "The Avianca crew apparently failed to recognize or perceive the immensity of the problem." In the aftermath...

Author: /time Magazine | Title: Can Planes Just Run Out of Gas? | 2/12/1990 | See Source »

Although Bush pointed out correctly last week that "we see little change in Soviet strategic modernization," even that dark prince of arms-control antagonists, former Assistant Secretary of Defense Richard Perle, has changed his thinking. "For the foreseeable future," says Perle, "I believe we can safely reduce the investment we make in protecting against a massive Soviet nuclear attack...

Author: /time Magazine | Title: How Much Is Too Much? | 2/12/1990 | See Source »

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