Word: pullout
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Dates: during 1980-1989
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...also said he saw no reason for a change in Harvard's investment policy in light of the pullout, saying that "Exxon has been a responsible employer and citizen in the battle against apartheid...
...hijackers held a Pan American plane hostage for 18 hours in Karachi, and 17 more foreigners were kidnaped in Lebanon. Many leaders looked to another kind of pressure -- that of economic sanctions -- to push the white-dominated government in South Africa toward reform. But neither trade embargoes nor the pullout of Western firms seemed likely to douse the flames of racial violence. Indeed, last week the unrest continued, with sporadic clashes with government forces, protests against a state of emergency and "black Christmas" boycotts...
Black South African leaders noticed when Harvard partially divested in October of some of its investments in companies that do business in that country. Commenting on the growing company pullout of South Africa, Themba Vilakazi, a U.S.-based representative of the African National Congress, mentioned the Harvard divestment...
...fret that black workers may suffer because the new owners will be less scrupulous than U.S. firms about following the equal- employment practices spelled out in the Sullivan Principles, which most American firms support. Black leaders also fear that corporate contributions to housing and education programs may fade. The pullout also threatens the future of Pace College, a technical school in the black Soweto township that is funded by the U.S. Chamber of Commerce of South Africa. Boycotts by student militants forced the school to close last week, but Chamber President Kenneth Mason hopes to see it reopen in January...
...goal," he said, "is a European peace order that goes beyond the (East-West) blocs and finally overcomes them." Calling for a "nuclear-free corridor in Central Europe," he demanded the withdrawal from West Germany of NATO's U.S.-built Pershing and cruise missiles as well as a pullout from Eastern Europe of Moscow's tactical missiles and a "drastic reduction" in Soviet SS-20 medium-range rockets. He promised, if elected, to cut the defense budget and cancel plans for West German participation in the U.S. Strategic Defense Initiative, or Star Wars. He also vowed to "stop nuclear energy...