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Considering the summit's theme of world poverty and hunger, the setting for the conference was a trifle incongruous. Cancún is a lush, 14-mile-long island resort near the Yucatan Peninsula, studded with gleaming hotels and condominiums. Delegation leaders were assigned identical two-room suites, complete with terrace and Jacuzzi, in the pyramid-shaped Sheraton Hotel, hard by the Caribbean. On the day before the conference began, Philippines President Ferdinand Marcos went waterskiing, while Reagan and his aides lolled away half an hour on the beach...
...revenues because of the ongoing PATCO strike." The airline had been forced to cut scheduled flights by 25% as a result of the firings. Air New England's celebrated clientele, which had long used the airline for transportation to Martha's Vineyard, Nantucket, Cape Cod and other resort areas, are being picked up by Provincetown-Boston Airline and New York...
...necessary. The two-day meeting has no formal agenda. There will be no final communique. Few of the participants expect much in the way of concrete results. Then why are 22 heads of government,* 1,000 ministers and aides and more than 2,500 journalists converging on the Mexican resort island of Cancún this week for the International Meeting on Cooperation and Development conference...
HAPPY BIRTHDAY, MAGGIE! read the 80-ft. banner towed across the gray skies by a small biplane piloted by a fervent Tory supporter. Inside the rococo Winter Gardens ballroom at the seaside resort of Blackpool, the 4,000 delegates to the annual Conservative Party conference last week joined in song and cheers as Prime Minister Margaret Thatcher, a self-assured 56, uncorked a bottle of champagne and cut the birthday cake. Exuding confidence, Thatcher picked up on the theme she had stated briskly on her arrival earlier in the day: "All is well. All is very well...
Kuwait has justly earned a reputation for being the savviest investor among the world's oil rich. The Persian Gulf sheikdom of 1.4 million people has aggressively bought everything from a West German steel mill to a South Carolina resort community. Last week Kuwait struck its biggest, and potentially most controversial, deal yet: a $2.5 billion takeover of the Santa Fe International Corp., of Alhambra, Calif., a leading oil-drilling contractor (1980 revenues: $1.2 billion...