Word: pullings
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Dates: during 1990-1990
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Beneath the retrenchment and return to basics one can see the mark of American Calvinism, as consumers pull back and repent what many now consider the evil excesses of the Reagan years. The doomsayers seem to be savoring the chance to put priorities straight. "When the stock market crashed in '87, people thought the party was over -- the bar was still open but the band went home," says a young financier who has been laid off by the junk-bond department of a New York City investment bank. "Well, now the bar has closed...
...dramatic demonstration of U.S.-Soviet cooperation, Shevardnadze and Baker stood shoulder to shoulder last August in Moscow and declared that Iraq must pull out of Kuwait unconditionally. Shevardnadze was always the Kremlin's strongest advocate of closer relations with Washington, so his departure creates doubts about the role the U.S. will now play in Moscow's "new thinking" in foreign affairs. Gorbachev has issued assurances that Soviet foreign policy will not change, but without Shevardnadze it will have to -- if only in pace and vigor -- as a new minister learns the ropes...
...Hussein into a false sense of security. And what better way than to have the deputy commander of American forces in the gulf tell a group of reporters that the U.S. would not be ready to attack come Jan. 15, the deadline that the U.N. has given Iraq to pull out of Kuwait...
...conference ended with a warning that the A.N.C. would pull out of talks with Pretoria unless the government freed all political prisoners and permitted all exiles to return by next April 30. Delegates also threatened a campaign of strikes and boycotts to back up their demands. President F.W. de Klerk warned in turn against such "outmoded" radicalism, calling on the A.N.C. to decide whether it wanted peaceful, negotiated solutions or a return to the confrontations of the past...
...Moscow faces a winter of shortages, politics and pity propel U.S. aid in a historic gesture. -- Republicans pull back from playing racial politics as Bill Bennett exits. -- A Mafia don is collared...