face.01
frames- [ARG0 Commonwealth Edison] [ARGM-TMP now] [rel faces] [ARG1 an additional court-ordered refund on its summer\/winter rate differential collections that the Illinois Appellate Court has estimated *T*-1 at $ 140 million *U*] .
- [ARG0 Cray Computer] [ARGM-DIS also] [ARGM-MOD will] [rel face] [ARG1 intense competition , not only from Cray Research , which *T*-23 has about 60 % of the world-wide supercomputer market and which *T*-24 is expected *-1 to roll out the C-90 machine , a direct competitor with the Cray-3 , in 1991] .
- [ARGM-LOC Under the new U.S. trade law] , [ARG0 those countries] [ARGM-MOD could] [rel face] [ARG1 accelerated unfair-trade investigations and stiff trade sanctions] [ARGM-ADV if they do n't improve their protection of intellectual property by next spring] .
- But [ARG0 the Soviets] [ARGM-MOD might] [ARGM-TMP still] [rel face] [ARG1 legal obstacles to * raising money in the U.S.] [ARGM-TMP until they settle hundreds of millions of dollars in additional debt still outstanding from the World War II lend-lease program] .
- In Singapore , a new law requires [ARG0 smokers] to put out their cigarettes before *-1 entering restaurants , department stores and sports centers or [rel face] [ARG1 a $ 250 *U* fine] .
- [ARG0 U.S. chip makers] are [rel facing] [ARG1 continued slack demand] [ARGM-TMP following a traditionally slow summer] .
- The Senate Finance Committee , chaired * by a fellow Texan , Democratic Sen. Lloyd Bentsen , last month urged U.S. Trade Representative Carla Hills to use Mr. Pickens 's experience in talks with Tokyo `` *-1 to highlight [ARG0 this problem] [rel facing] [ARG1 Americans who *T*-185 seek access to the Japanese capital markets] . ''
- In * investing on the basis of future transactions , a role often performed * by merchant banks , trading companies can cut through [ARG1 the logjam] that [ARG0 small-company owners] [ARGM-TMP often] [rel face] *T*-1 with their local commercial banks .
- Partly *-1 to help *-2 clear [ARG0 the myriad obstacles] [rel facing] [ARG1 any overseas company trying * to penetrate Japan] , tiny Candela turned to Mitsui & Co. , one of Japan 's largest trading companies , for investment .
- Nekoosa has given the offer a public cold shoulder , [ARG1 a reaction] 0 [ARG0 Mr. Hahn] has [ARGM-NEG n't] [rel faced] *T*-2 [ARGM-LOC in his 18 earlier acquisitions , all of which *T*-3 were negotiated *-1 behind the scenes] .
- Says *ICH*-1 Kathryn McAuley , an analyst at First Manhattan Co. : `` This is [ARG1 the greatest acquisition challenge] 0 [ARG0 he] has [rel faced] *T*-2 .
- [ARGM-ADV If a competitor enters the game] , [ARGM-DIS for example] , [ARG0 Mr. Hahn] [ARGM-MOD could] [rel face] [ARG1 the dilemma of * paying a premium for Nekoosa or seeing the company fall into the arms of a rival] .
- [ARGM-DIS But] [ARG0 it] [rel faces] [ARG1 stiff competition in Orange County from the Orange County Register , which *T*-44 sells more than 300,000 copies a day , and in the San Fernando Valley from the Los Angeles Daily News , which *T*-45 sells more than 170,000] .
- Charities test the waters , [ARGM-DIS but] [ARG0 they] [rel face] [ARG1 legal barriers to electronic fund raising] .
- [ARG0 Wall Street 's big securities firms] [rel face] [ARG1 the prospect of * having their credit ratings lowered] .
- `` The recent disarray in the junk bond market suggests that [ARG0 brokers] may become longer-term creditors than they anticipated and [ARGM-MOD may] [rel face] [ARG1 long delays '' in * getting their money back] , says 0 *T*-2 Jeffrey Bowman , a vice president at S&P , which *T*-1 raised a warning flag for the industry in April when it downgraded CS First Boston *T*-3 .
- `` [ARG0 Wall Street] is [rel facing] [ARG1 a Catch-22 situation] , '' says *T*-1 Mr. Mahoney of Moody 's .
- The company said 0 [ARG0 its industrial unit] continues *-1 to [rel face] [ARG1 margin pressures and lower demand] .
- [ARG0 RMS International Inc. , Hasbrouk Heights , N.J.] , *-1 [rel facing] [ARG1 a cash-flow squeeze] , said 0 it is seeking other financing sources and waivers from debenture holders .
- [ARG0 USX] was cited *-1 by OSHA for several health and safety violations at two Pennsylvania plants and [ARGM-MOD may] [rel face] [ARG1 a record fine of $ 7.3 million *U*] .
- [ARG0 Light trucks and vans] [ARGM-MOD will] [rel face] [ARG1 the same safety requirements as automobiles] [ARGM-ADV under new proposals by the Transportation Department] .
- [ARG0 Two antitrust agencies] [ARGM-MOD may] [rel face] [ARG1 further cutbacks] [ARGM-CAU because of a complicated new funding device] , some Democrats in Congress are warning 0 *T*-1 .
- [ARG0 Armstrong] , which *T*-127 has [rel faced] [ARG1 a takeover threat from the Belzberg family of Canada] [ARGM-TMP since July] , said that * disposing of the carpet business would improve `` total financial performance . ''
- Eventually , Mr. Green testified 0 *T*-1 , [ARG0 he] began *-3 ducking out of his office rather than [rel face] [ARG1 the judge] when he visited *T*-2 .
- Debate on [ARG0 the legislation] , which *T*-238 [rel faces] [ARG1 a veto threat from President Bush] , is *-1 to continue today .
- Mr. Gorbachev badly needs a diversion from [ARG1 the serious economic problems and ethnic unrest] 0 [ARG0 he] [rel faces] *T*-1 [ARGM-LOC at home] .
- *-1 Asked *-2 if [ARG0 the Soviets] , like Chinese officials , [ARGM-MOD wo] [ARGM-NEG n't] [ARGM-TMP one day] [rel face] [ARG1 a similar conflict between the desire * to liberalize economically and yet retain political control] , Mr. Lee said , `` I would think that the Soviets face a deeper dilemma because they have been more in blinkers than the Chinese -- I mean * keeping their people cut off *-3 from the outside world . ''
- *-1 Asked *-2 if the Soviets , like Chinese officials , wo n't one day face a similar conflict between the desire * to liberalize economically and yet retain political control , Mr. Lee said , `` I would think that [ARG0 the Soviets] [rel face] [ARG1 a deeper dilemma] [ARGM-CAU because they have been more in blinkers than the Chinese -- I mean * keeping their people cut off *-3 from the outside world] . ''
- [ARG0 Mr. Salinas 's unpopular Institutional Revolutionary Party , or PRI ,] [rel faces] [ARG1 congressional elections] [ARGM-TMP in 1991] .
- * Keeping the Japanese happy will be one of [ARG0 the most important tasks] [rel facing] [ARG1 conservative leader Ernesto Ruffo] when he takes office Nov. 1 , as the first opposition governor in Mexico 's modern history *T*-1 .
- [ARG1 *-2] [rel Faced] *-1 with [ARG0-with inevitable defeat] , the once dominant industry declined any recorded vote on the ban , which *T*-80 covers all but a fraction of 1 % of daily flights in the U.S. .
- But [ARG0 the bill] [ARGM-TMP still] [rel faces] [ARG1 budget questions] [ARGM-CAU because it also is the vehicle for an estimated $ 3.1 billion *U* in supplemental appropriations for law enforcement and anti-drug programs] .
- *-2 Pressed *-1 by Chairman Dan Rostenkowski -LRB- D. , Ill . -RRB- of the House Ways and Means Committee , Treasury Undersecretary Robert Glauber told a congressional hearing that [ARG1 the administration] would give up its demand for the capital-gains tax cut if *-3 [rel faced] with [ARG0-with a potential default] .
- An important part of my effort has been * to understand the science so I can explain it to [ARG0 corporate colleagues] [rel facing] [ARG1 major changes in product design] .
- * Solving [ARG1 the global environmental problems] 0 [ARG0 we] all [rel face] *T*-1 will require an unprecedented level of cooperation and communication among industry , policy makers and the scientific community world-wide .
- [ARG0 The company] [ARGM-DIS also] [rel faces] [ARG1 delisting by the National Association of Securities Dealers] .
- [ARG0 The consortium] [rel faced] [ARG1 a setback] [ARGM-TMP in May] [ARGM-TMP when technical problems forced it to postpone the September launch until next spring *T*-1] .
- [ARG0 British Satellite] [rel faces] [ARG1 competition from Sky Television , a satellite-TV venture begun * last February and owned * by Rupert Murdoch 's News Corp] .
- The most immediate effect is in New York , where [ARG0 former manufacturers of the anti-miscarriage drug DES -- the synthetic female hormone diethylstilbestrol --] [rel face] [ARG1 the prospect of shared liability for damages] [ARGM-LOC in many of the 700 to 1,000 DES lawsuits pending in that state] *T*-1 .
- Mr. Gonzalez and his colleagues , particularly the finance minister , Carlos Solchaga , are charged *-1 with *-4 having abandoned their socialist principles and with *-4 having become [ARG0 arrogant elitists] who *T*-2 refuse even *-3 to go on television -LRB- controlled * by the state -RRB- *-5 to [rel face] [ARG1 their accusers] .
- Because of the isolation of the retinoblastoma tumor-suppressor gene , it *EXP*-1 became possible last January * to find out [ARG1 what threat] [ARG0 the Quinlan baby] [rel faced] *T*-2 .
- A test using new `` genetic probes '' showed that [ARG0 little Will Quinlan] had not inherited a damaged retinoblastoma supressor gene and [ARGM-DIS , therefore ,] [rel faced] [ARG1 no more risk than other children of * developing the rare cancer] .
- In a statement , Chairman Frank Shrontz asserted that [ARG0 the company] `` [rel faces] [ARG1 significant challenges and risks] , '' [ARGM-LOC on both its commercial and government contracts] .
- [ARG0 Communist officials] [ARGM-TMP this month] have [rel faced] [ARG1 nearly daily pro-democracy protests , accompanied * by the flight to the West by thousands of East Germans] .
- Since the China crisis erupted , Mr. Mushkat says 0 *T*-2 , the scenario as 0 *-4 depicted *-3 by the middle-of-the-road group bears a remarkable resemblance to [ARG1 the difficulties] 0 [ARG0 Hong Kong] [ARGM-TMP currently] [rel faces] *T*-1 .
- [ARG1 *-1] [rel Faced] *-2 with [ARG0-with a similar situation] , Paul Volcker let the dollar soar , -LRB- though monetary aggregates also grew so rapidly 0 monetarists issued egg-on-the-face warnings of inflation -RRB- .
- In a letter to investors , Chairman Edward S. Finkelstein wrote that he expects the company to `` benefit from some of [ARG1 the disruption] [rel faced] * by [ARG0-by our competitors] .
- If [ARG0 a TV weatherman] gets butterflies *-1 [rel facing] [ARG1 the camera] [ARGM-TMP again] [ARGM-TMP after a questionable forecast] , Donald H. Straszheim surely understands .
- The association said that lack of airport and air space capacity is [ARG0 the biggest problem] [rel facing] [ARG1 the airline industry] .
- [ARGM-DIS Moreover] , [ARG0 both sides] [ARGM-MOD may] [rel face] [ARG1 political critics] .
- [ARGM-TMP As the air clears from last week 's storm of resignations and reshufflings] , [ARG0 the government] [rel faces] [ARG1 a daunting job of * rebuilding confidence in its policies] .
- But Mr. Greenspan remains reluctant *-2 to loosen policy , partly because [ARG0 he] [rel faces] [ARG1 a phalanx of presidents of regional Fed banks who *T*-1 oppose credit easing] .
- [ARGM-TMP At the same time] , [ARG0 many of Spain 's traditional export markets in Latin America and other developing areas] [rel faced] [ARG1 a sharp decline in economic growth] .
- [ARG0 The bank] was hamstrung *-1 in its efforts * to [rel face] [ARG1 the challenges of a changing market] by its links to the government , analysts say 0 *T*-2 .
- Though Spain has an excess of banks , analysts say 0 the country still has one of the most profitable markets in Europe , which *T*-1 will aid Banco Exterior with [ARG1 the tough tasks] 0 [ARG0 it] [rel faces] *T*-2 [ARGM-TMP ahead] .
- Insurers may see claims resulting from the San Francisco earthquake totaling nearly $ 1 billion *U* -- far less than [ARG1 the claims] 0 [ARG0 they] [rel face] *T*-1 [ARGM-ADV from Hurricane Hugo] -- but the recent spate of catastrophes should jolt property insurance rates in coming months .
- The estimated earthquake losses are low compared with [ARG1 the $ 4 billion *U*] in claims that [ARG0 insurers] [rel face] *T*-2 [ARGM-ADV from Hurricane Hugo , which *T*-1 ripped through the Caribbean and the Carolinas last month] .
- In a recent interview , Mr. Thompson said 0 [ARG0 the biggest problem] [rel facing] [ARG1 all commodity exchanges] was one of image .
- [ARG0 Mr. Thompson] will have *-1 to [rel face] [ARG1 some of the consequences of those subpoenas] .
- [ARG0 Another major electronics problem *ICH*-2] [rel faces] [ARG1 Mr. Thompson] -- the creation of a 24-hour trading system that *T*-4 can be used *-3 outside normal trading hours .
- Muni bond holders are worried about the impact of a slowing economy on tax revenue , at a time when [ARG0 many state and local governments] [ARGM-TMP already] [rel face] [ARG1 budget deficits and huge spending needs] .
- [ARG0 The bill 's managers] [rel face] [ARG1 criticism] , [ARGM-DIS too] , [ARGM-CAU for the unusual number of conditions openly imposed * on where funds will be spent *-1 *T*-2] .
- The swift passage of the bill , which *T*-1 cleared the Senate and House on simple voice votes last week , contrasts with [ARG0 the problems] [ARGM-TMP still] [rel facing] [ARG1 a more cumbersome $ 66.8 billion *U* measure funding housing , environmental , space and veterans programs] .
- Because [ARG0 we] refuse *-1 to [rel face] [ARG1 the tough answers] , the questions continue as fodder for the commissions and committees , for the media and politicians .
- [ARG0 Each defendant] [rel faces] [ARG1 a possible sentence of 20 years in prison and $ 250,000 *U* in fines] .
- [ARG0 The executives] [rel face] [ARG1 five to 15 years in prison and fines of $ 5,000 *U* or double the profit made * by * failing *-1 to comply with the rules] .
- NCAA Executive Director Richard Schultz , in * accepting a place on the Knight Commission , urged that the panel take a `` balanced '' view , which *T*-1 looks for all the world like a plea 0 *T*-3 not to rock the boat too much , and [ARG0 the presidents ' recommendations] [ARGM-MOD could] [rel face] [ARG1 considerable opposition] [ARGM-LOC at the NCAA 's full convention in January , which *T*-2 will vote on them] .
- [ARG0 Soviet companies] [ARGM-MOD would] [rel face] [ARG1 fewer obstacles for exports] and could even invest their hard currency abroad .
- [ARG0 Our coffee growers] [rel face] [ARG1 reductions in their income] , and this tempts them to contemplate *-1 substituting coca crops for coffee .
- Its tax base is shrinking , a $ 1 billion *U* budget deficit looms , and [ARG0 the city] [rel faces] [ARG1 contract negotiations with all major municipal unions] [ARGM-TMP next year] .
- `` [ARG0 He] is going *-1 to [rel face] [ARG1 a mess] , '' says *T*-2 City Council President Andrew Stein .
- A story about how he mishandled the sale to his son of his stock in a media company controlled * by his political patron Percy Sutton *T*-2 was allowed *-3 to fester a full week before [ARG0 Mr. Dinkins] [rel faced] [ARG1 the media] .
- That announcement was roundly criticized *-4 by Mayor Koch -- who *T*-2 has endorsed Mr. Dinkins -- because [ARG0 the city] [rel faces] [ARG1 a garbage crisis] and has already spent $ 5 million *U* *-5 planning for an incinerator that *T*-3 would be scrapped *-1 under Mr. Dinkins 's proposal .
- [ARGM-ADV If the heavy outflows continue] , [ARG0 fund managers] [ARGM-MOD will] [rel face] [ARG1 increasing pressure * to sell off some of their junk *-1 to pay departing investors in the weeks ahead] .
- [ARGM-DIS Moreover] , [ARG0 state-owned Finnish companies lacking formal state guarantees] [ARGM-MOD could] [rel face] [ARG1 greater difficulty * raising funds in international financial markets] , bankers say 0 *T*-2 .
- [ARGM-ADV At the time] *-1 71%-controlled by Oy Waertsilae , a conglomerate , [ARG0 the shipbuilding unit] [rel faced] [ARG1 potential losses estimated * at one billion markka] and was on the brink of liquidation .
- [ARG1 *-2] [rel Faced] *-1 with [ARG0-with the virtually impossible task of *-1 supervising the execution of each trade] , many commodity brokerage firms are likely *-2 to stop *-3 doing business with independents and instead hire their own salaried floor brokers .
- This time , however , some analysts think 0 [ARG0 he] [ARGM-MOD could] [rel face] [ARG1 a real battle] .
- The estimated $ 40 million *U* from the new pre-merger notification fee would be divided *-1 between [ARG0 the Justice Department 's Antitrust Division and the Federal Trade Commission] , which *T*-2 both [rel face] [ARG1 serious cuts] [ARGM-ADV if the income is n't realized *] .
- [ARG0 U.S. Trust , a 136-year-old institution that *T*-2 is one of the earliest high-net worth banks in the U.S. ,] has [rel faced] [ARG1 intensifying competition from other firms that *T*-3 have established *RNR*-1 , and heavily promoted *RNR*-1 , private-banking businesses of their own] .
- [ARGM-ADV While this indicates continued strong demand for the company 's desk-top computers] , [ARG0 Sun] [rel faces] [ARG1 increasing competition from Digital Equipment Corp. and Hewlett-Packard Co] .
- But Mr. Breeden , a 39-year-old securities lawyer , has skirted some of [ARG0 the heftier issues] [rel facing] [ARG1 the financial markets] .
- [ARGM-ADV Like his predecessor , David Ruder ,] [ARG1 he] was [rel faced] *-1 with [ARG0-with a crisis in the stock markets] [ARGM-TMP soon after *-1 coming into office] .
- After MGM\/UA terminated the $ 1.5 billion *U* merger because of a dispute over a $ 50 million *U* letter of credit , Qintex Entertainment -- which *T*-1 is 43%-owned by Qintex Australia -- found [ARG0 itself] [rel facing] [ARG1 problems of its own] .
- [ARG0 Many small investors] are [rel facing] [ARG1 a double whammy] [ARGM-TMP this year] : They got hurt *-1 by *-1 investing in the highly risky junk bond market , and the pain is worse because they did it with borrowed money .
- [ARG0 Francoise Verne , 52-year-old former deputy director of France 's mint ,] [rel faces] [ARG1 prison] [ARGM-CAU for her theft of some 67 rare coins from the mint 's collections] .
- [ARG1 Exteriors] are [rel faced] *-1 with [ARG0-with brick , wood or stone] , but the homes are made *-2 of steel-reinforced concrete .
- [ARG1 RESIDENTIAL builders] , *-1 [rel faced] *-2 with [ARG0-with a more competitive market] , are turning to a traditional consumer marketing technique *-1 to establish brand-name identity .
- Columbia officials also said 0 [ARG0 the thrift] [ARGM-MOD should] [ARGM-NEG n't] [rel face] [ARG1 problems] [ARGM-ADV *-2 meeting regulatory capital requirements] , [ARGM-ADV despite the large reserves and write-downs and stiffer regulatory requirements that *T*-1 should be in place by year 's end] .
- Mr. Thompson calls discounting `` a loser 's game for anyone without a dominant market share , '' and projected that Anheuser 's statement of intent could simply be a means of * warning [ARG0 competitors] to ease up on price-cutting or [rel face] [ARG1 a costly and fruitless battle] .
- The 231-191 roll call illustrates [ARG1 the limits] of power 0 [ARG0 a resurgent abortion-rights movement] [ARGM-TMP still] [rel faces] *T*-192 .
- [ARG0 The Communist Party chief] , [rel facing] [ARG1 what *T*-2 is viewed *-1 as the nation 's worst unrest in nearly 40 years] , also said 0 he would allow East Germans to travel abroad more freely , but made clear that the Berlin Wall would remain .
- The roll call was considered *-1 an illustration of [ARG1 the limits] of power that [ARG0 the resurgent abortion-rights movement] [rel faces] *T*-2 .
- [ARGM-TMP Now] , [ARG0 Mr. Pilson -- a former college basketball player who *T*-1 says 0 a good negotiator needs `` a level of focus and intellectual attention '' similar to a good athlete-s] is [rel facing] [ARG1 the consequences of his own aggressiveness] .
- [ARG0 Genentech] [rel faces] [ARG1 competition in the cardiac-drug market from SmithKline Beecham PLC 's heart drug Eminase , expected * to receive market approval shortly] .
- Italian car manufacturer Fiat said 0 it is n't interested in partnership *RNR*-1 or industrial cooperation *RNR*-1 with [ARG0 Swedish auto and aerospace group Saab-Scania AB] , which *T*-2 [rel faces] [ARG1 heavy losses in its car division] .
- In fact , it 's barely begun for [ARG0 Mr. Corry] , who *T*-1 [rel faces] [ARG1 tough decisions] [ARGM-TMP before he has had a chance * to get settled into his new job] .
- [ARGM-DIS In addition] , [ARG0 USX 's giant steel segment , representing 34 % of its 1988 sales ,] is [rel facing] [ARG1 softening demand and slipping prices as well as increasing competition from foreign steelmakers and low-cost minimills] .
- But analysts say 0 [ARG0 Sears] [rel faces] [ARG1 an especially daunting challenge] [ARGM-TMP on the eve of the Christmas shopping season] .
- [ARG0 EARTHQUAKE VICTIMS] [rel facing] [ARG1 imminent filing and payment deadlines] will get extensions and penalty waivers like those provided * for Hugo 's victims ; IRS Notice 89108 has details .
- [ARG1 We] are [ARGM-TMP constantly] [rel faced] *-2 with [ARG0-with * deciding which partnerships -LCB- with magazines -RCB- we can keep *T*-1] . ''
- `` [ARG0 Readers] do n't want *-2 to [rel face] [ARG1 all those ad pages at the front of a magazine] , '' he said *T*-1 .
- But he also said that * exercising a test line-item veto is n't a `` top initiative '' on the president 's agenda because [ARG0 he] [rel faces] [ARG1 more-pressing budget issues] [ARGM-TMP at the moment] .
- [ARGM-TMP When they reapportion their districts after the 1990 census *T*-1] , [ARG0 every other municipality and state in the country] [ARGM-MOD will] [rel face] [ARG1 this issue] .
- But [ARG0 it] initially was funded *-1 with about $ 765 million *U* and [ARGM-MOD may] [ARGM-TMP soon] [rel face] [ARG1 a cash crunch] .
- The fund has about $ 1 billion *U* and is set *-2 up *-3 to handle `` [ARG1 precisely the kind of emergency] '' 0 [ARG0 the state] [rel faces] *T*-1 , said 0 *T*-4 Tom Beermann , the Governor 's deputy press secretary .
- Yet [ARG0 every business owner] has *-1 to [rel face] [ARG1 the mound of forms and regulations] -- and often is the only one available * to tackle it .
- [ARGM-ADV Compared with the major economies on the Continent] , [ARG0 the U.K.] [rel faces] [ARG1 both higher inflation and lower growth] [ARGM-TMP in the next several months] .
- Perhaps [ARG1 the biggest hurdle] 0 [ARG0 owners] [rel face] *T*-1 is * convincing newcomers that this is a reputable business .
- And [ARG0 some carriers] are [rel facing] [ARG1 other unexpected headaches] : USAir , for example , blamed some of its loss on merger expenses and on disruptions caused * by Hurricane Hugo last month .
- Lawmakers in Moscow voted *-1 to deny the Communist Party its 100 guaranteed seats in the Soviet Congress , * meaning 0 [ARG0 Gorbachev and other aides] [ARGM-MOD might] have *-2 to [rel face] [ARG1 voters] .
- But the judge denied a request *ICH*-2 by [ARG0 the former national security adviser] , who *T*-1 [rel faces] [ARG1 five criminal charges] , * to seek documents from Bush .
- [ARG0 Magazine publishers] are [rel facing] [ARG1 spiraling costs and a glut of new titles] .
- Greedily , [ARG0 it] grabbed a pawn , at the cost of *-1 [rel facing] [ARG1 a brutal attack] .
- [ARG1 *-2] [rel Faced] *-1 with [ARG0-with a $ 40 billion *U* foreign debt and skyrocketing inflation] , Poland must privatize industry and eliminate subsidies *-2 to stabilize its currency and qualify for international assistance .
- [ARG0 The Arizona banking concern] is [rel facing] [ARG1 difficulties related * to weakness in the real estate market in the state] .
- International Business Machines Corp. unveiled a broad strategy 0 *T*-2 to tackle [ARG1 the biggest problem] that [ARG0 manufacturers] [rel face] *T*-1 [ARGM-TMP when * computerizing their operations *T*-3] : Most machines ca n't talk to each other .
- [ARG0 Ms. Atkins , who *T*-1 underwrote # 20,000 *U* , or about $ 32,000 *U* , of insurance coverage on that syndicate ,] [ARGM-TMP now] [rel faces] [ARG1 potential losses of roughly # 70,000 *U* , or $ 111,000 *U*] .
- Murray Lawrence , Lloyd 's chairman , agrees 0 [ARG0 the exchange] [rel faces] [ARG1 big challenges] .
- [ARGM-TMP At the same time] , [ARG0 Daiwa and its brethren] have [rel faced] [ARG1 stiff competition from well-entrenched American competitors that *T*-1 have prevented them from *-2 building strong links to U.S. corporations and institutional investors] .
- But [ARG0 Mr. Wolf] [rel faces] [ARG1 a monumental task] [ARGM-LOC in *-1 pulling the company back together again] .
- The union said late last night that it is still committed to majority employee ownership and that [ARG0 the labor disputes] that *T*-2 [rel faced] [ARG1 the company] [ARGM-TMP prior to the buy-out effort] `` still need *-3 to be addressed *-1 . ''
- Even so , [ARG0 the trust] would seem *-1 to be [rel facing] [ARG1 a cash crunch] .
- [ARG0 GAF] [rel faces] [ARG1 potential fines of $ 500,000 *U* for each count] .
- Mr. Whitten 's package appears *-1 to accomplish this purpose , but [ARG0 the state] [rel faces] [ARG1 more resistance] [ARGM-LOC in its bid for an extended waiver on * having *-2 to put up any matching funds on repairs completed * in the next six months] .
- He notes that industry executives have until now worried that [ARG0 they] [ARGM-MOD would] [rel face] [ARG1 a severe shortage of programs] [ARGM-TMP once consumers begin *-1 replacing their TV sets with HDTVs] .
- [ARGM-TMP Recently] [ARG0 the industry] has [rel faced] [ARG1 the threat of new restrictions] , and political donations may have been made *-1 with the intent * to bribe .
- That they retain Korean citizenship and ties is a reflection of history -- their parents were shipped in as laborers during the decades when Japan occupied Korea before World War II *T*-2 -- and [ARG0 the discrimination] that *T*-1 [ARGM-TMP still] [rel faces] [ARG1 Koreans] [ARGM-LOC in Japanese society] .
- [ARGM-DIS But] [ARGM-TMP this time] , [ARG0 China] [rel faces] [ARG1 a more difficult battle] [ARGM-CAU because of economic forces that *T*-1 have come into play since the Tiananmen Square killings June 4] .
- [ARGM-ADV Depending on the outcome] , [ARG0 the merged company] [ARGM-MOD may] [rel face] [ARG1 union elections *ICH*-1] [ARGM-TMP this fall] [ARGM-LOC among airplane mechanics , ramp workers , stock clerks and flight dispatchers] .
- There 's a certain irony in the fact that [ARG0 Federal Express] [rel faces] [ARG1 its first union problems] [ARGM-CAU as a result of its Tiger purchase] .
- [ARG0 Mr. Hastings] [rel faced] [ARG1 the senators] and sat impassively during the first two roll-call votes , then quickly left the chamber .
- Gen. Scowcroft knows as well as anyone that one of [ARG1 the biggest dangers] 0 [ARG0 he] [rel faces] *T*-3 is that NSC staffers working in relative anonymity will take over policy-making and operational tasks that *T*-2 are best left *-1 to bigger and more experienced State Department and Pentagon bureaus .
- [ARG0 Mr. Lavelle] [rel faces] [ARG1 a maximum of 20 years in jail and a $ 500,000 *U* fine] .
- [ARG0 Ford] [rel faces] [ARG1 an uphill fight for Jaguar] , [ARGM-DIS however] .
- [ARG0 A bill that *T*-1 would permit the Securities and Exchange Commission to monitor the financial condition of securities firms ' holding companies] is [rel facing] [ARG1 tough opposition from some Wall Street firms , which *T*-2 argue that the legislation is unnecessary] .
- In addition , he says 0 *T*-2 , * publishing the names of [ARG0 lawyers] who *T*-1 are [rel facing] [ARG1 charges] unnecessarily subjects them to public derogation .
- But the trouble 0 it faces *T*-1 now under Democratic rule seems bigger and more daunting than [ARG1 anything] 0 [ARG0 it] has [rel faced] *T*-2 [ARGM-TMP in the past] .
- But [ARG1 the trouble] 0 [ARG0 it] [rel faces] *T*-1 [ARGM-TMP now] [ARGM-LOC under Democratic rule] seems bigger and more daunting than anything 0 it has faced *T*-2 in the past .
- [ARGM-TMP This year] , [ARG0 the city] [rel faces] [ARG1 a budget deficit that *T*-1 could become even bigger next year] .
- [ARG0 Malcolm] [rel faces] [ARG1 bankruptcy and an IRS audit] , but Nora finds an extra $ 30,000 *U* in her bank account , * suddenly increasing her available funds some fifteenfold .
- `` Rascal Money '' -LRB- Contemporary Books , 412 pages , $ 17.95 *U* -RRB- , a novel by consultant and business analyst Joseph R. Garber , tells the story of an innovative , well-run , widely respected computer manufacturing company called * PegaSys as [ARG0 it] [rel faces] [ARG1 a hostile takeover attempt by AIW , a much smaller corporation that *T*-2 is so incompetently *ICH*-3 managed *-1 as * to constitute a standing joke in the business world] .
- [ARGM-TMP In the meantime] , [ARG1 the question] [rel faced] * by [ARG0-by investors] is : What is UAL stock worth *T*-1 ?
- Commonwealth leaders issued a declaration giving [ARG0 South Africa] six months 0 * to deliver on pledges * to ease apartheid *T*-1 or [rel face] [ARG1 new reprisals] .
- Hoechst said 0 [ARG0 the fertilizer market] [rel faces] [ARG1 overcapacity in Western Europe , rising imports from East bloc countries and overseas , and declining demand] .
- [ARG0 Becton , Dickinson & Co.] , [ARGM-DIS for example] , [rel faces] [ARG1 stiff competition from a Japanese supplier in the important syringe market] .
- [ARG0 The company] is [rel facing] [ARG1 a takeover proposal from the financier Sir James Goldsmith] .
- His campaign hierarchy is chosen *-1 from elsewhere in the state , and [ARG0 *-2] [rel faced] with [ARG1-with criticism of a sweetheart bank investment] , he has so far blunted the issue by *-2 donating the bulk of his profits to his alma mater , Trenton State College .
- [ARG0 One fan , seated * several rows in front of the open , upper-deck auxiliary press section where I was stationed *-2 *T*-3 ,] [rel faced] [ARG1 the assembled newsies] and laughingly shouted , `` We arranged that just for you guys ! ''
- He believes that [ARG0 the task] [rel facing] [ARG1 Fed Chairman Alan Greenspan] is so difficult that it resembles `` * juggling a double-bladed ax and a buzz saw . ''
- And , in a sense , that 's [ARG1 the kind] of task 0 [ARG0 individuals] [rel face] *T*-1 [ARGM-LOC in *-2 deciding what * to do *T*-3 about stocks -- the mainstay of most serious investors ' portfolios] .
- * To be sure , [ARG0 the full Senate] , *-3 [rel facing] [ARG1 a fast-approaching budget deadline] , last Friday stripped away all of the tax breaks that *T*-2 were contained *-1 in the Finance Committee bill .
- [ARG0 *-2] [rel Faced] *-3 with [ARG1-with this embarrassment] , U.S. diplomats expressed confidence that the influential Rio Group of South American nations , which *T*-1 gathered last week in Peru , would take a stronger posture toward the Panamanian dictator .
- The banks said 0 they do n't expect [ARG0 the merger] to [rel face] [ARG1 any regulatory hurdles] .
- [ARG0 Even claims against individuals and companies] [rel face] [ARG1 significant roadblocks] .
- [ARG0 FEDERAL JUDGE ALCEE HASTINGS of Florida] , *-1 [rel facing] [ARG1 impeachment] , received an unanticipated boost yesterday .
- New York Times Co. 's third-quarter earnings report is reinforcing analysts ' belief that [ARG0 newspaper publishers] [ARGM-MOD will] be [rel facing] [ARG1 continued poor earnings comparisons] [ARGM-TMP through 1990] .
- John S. Reidy , an analyst for Drexel Burnham Lambert Inc. , said , `` [ARG0 The Times] [rel faces] [ARG1 the same problem of other publishers] : linage is down .
- `` [ARGM-ADV With the Edison plant coming on line next summer] , [ARG0 the Times] is [rel facing] [ARG1 some tough earnings comparison in the future] , '' said *T*-1 Peter Appert , an analyst with C.J. Lawrence , Morgan Grenfell .
- `` [ARGM-DIS But] [ARG0 many newspapers] are [rel facing] [ARG1 similar comparisons] . ''
- [ARGM-ADV If these assumptions hold] , [ARG0 voters in races for Congress] [rel face] [ARG1 what *T*-2 in economic theory is called *-1 a prisoner 's dilemma] and have an incentive *ICH*-3 , at the margin , * to lean Democratic .
- Block 's tax-preparation business is mature , they say 0 *T*-1 , and [ARG0 some of its diversifications] are [rel facing] [ARG1 tough competition] .
- The Nuclear Regulatory Commission ruled unanimously that [ARG0 the financial troubles] [rel facing] [ARG1 the Seabrook , N.H. , nuclear-power plant] have no impact on whether the plant receives a full-power license .
- [ARG0 It] [ARGM-DIS also] [rel faces] [ARG1 numerous other hurdles including an agreement on a pipeline route for the gas] .
- [ARG0 IBM] [ARGM-MOD will] [rel face] [ARG1 an uphill climb against Digital] , [ARGM-CAU given Digital 's reputation for * being better than IBM at *-1 hooking together different manufacturers ' computers] .
- [ARGM-TMP Now] , [ARG0 Mr. Guzman Cabrera] is [rel facing] [ARG1 accusations that he 's as much a company man as La Quina was a crook] .
- [ARG0 One East Coast manufacturing executive] , *-2 [rel faced] [ARG1-with *-3] with a job transfer 0 his wife resented *T*-1 , found that counseling helped them both come to grips with the move .
- But President Bush is expected *-1 to veto the congressional legislation and that , along with the easy approval of the Pennsylvania measure , is likely *-2 to mute the abortion-rights activists ' claims of momentum and underline [ARG1 the challenges] [rel faced] * by [ARG0-by this resurgent movement] .
- [ARGM-DIS Indeed] , [ARG0 abortion-rights activists] [ARGM-TMP still] [rel face] [ARG1 their greatest tests] .
- But this week , B.A.T has been hit *-1 harder than other big U.K. stocks -- first by the market gyrations , then by Tuesday 's San Francisco earthquake , which *T*-2 could leave [ARG0 B.A.T 's Farmers Group Inc. insurance unit] [rel facing] [ARG1 big claims] .
- [ARG0 IBM] [ARGM-MOD will] [rel face] [ARG1 still more competition] [ARGM-TMP in coming months] .
- [ARG0 The $ 1.4 billion *U* robot spacecraft] [rel faces] [ARG1 a six-year journey * to explore Jupiter and its 16 known moons] .
- [ARGM-TMP Yesterday] , [ARG0 U.S. Judge Alcee Hastings] [rel faced] [ARG1 his jury -- the full U.S. Senate --] and said , `` I am not guilty of *-1 having committed any crime . ''
- [ARG0 NEW YORK 'S poor] [rel face] [ARG1 nearly three million legal problems a year] [ARGM-ADV without legal help] .
- But lawyers said 0 [ARG0 Mr. Steinberg] [ARGM-ADV probably] [rel faced] [ARG1 much more potential liability] [ARGM-CAU because , when he sued Disney during his takeover battle *T*-1 , he filed on behalf of all shareholders] .
- [ARG0 The new manager] [ARGM-MOD will] [rel face] [ARG1 the daunting task of * leasing 1.8 million square feet in a relatively soft Chicago real estate market] .
- `` That obviously means that we wo n't have enough for all of [ARG0 the emergencies] that *T*-1 are [ARGM-TMP now] [rel facing] [ARG1 us] , and we will have *-2 to consider appropriate requests for follow-on funding , '' Mr. Fitzwater said *T*-3 .
- [ARG0 The SEC] , *-3 [rel faced] [ARG1-with *-4] with a major squeeze on options positions , said 0 it *EXP*-2 was necessary * to ensure that options listed * on the exchange could be traded *-1 today and tomorrow .
- [ARG0 Insurers] [rel face] [ARG1 the prospect of *-1 paying out billions of dollars for damages caused * by this week 's California earthquake] .
- * Getting a grip on the extent of the damages is proving a far more difficult task than [ARG1 what] [ARG0 insurers] [rel faced] *T*-1 [ARGM-TMP after Hurricane Hugo ripped through the Caribbean and the Carolinas last month] .
- Although it *EXP*-1 's unclear [ARG1 how much exposure] [ARG0 the London market] [ARGM-MOD will] [rel face] *T*-2 , U.K. underwriters traditionally have a large reinsurance exposure to U.S. catastrophe coverage .
- For example , some securities analysts warned that stocks of [ARG0 certain insurance companies] , which *T*-1 [rel face] [ARG1 massive damage claims] , would get hit *-2 hard .
- [ARG0 Egon Krenz , the man tapped * yesterday *-2 to become East Germany 's new leader ,] [rel faces] [ARG1 the same task that *T*-1 has fallen to neighboring socialist colleagues : * reforming a country in crisis] .
- [ARGM-DIS But] [ARGM-ADV unlike the other new leaders in the East Bloc] , [ARG0 Mr. Krenz] [ARGM-MOD will] [rel face] [ARG1 an immediate threat to his nation 's very existence : German reunification] .
- [ARGM-DIS But] [ARGM-ADV even if he effects a Hyde-to-Jekyll transformation] , [ARG0 he] [ARGM-MOD will] [rel face] [ARG1 a serious ideological crisis and Reunification Scenario Two] .
- [ARG0 *-1] [rel Faced] *-3 with [ARG1-with another Mr. Honecker] , so many despairing East Germans *ICH*-2 are likely *-1 to flee that the two German peoples will get their reunification , de facto , on West German ground .
- [ARGM-DIS But] [ARGM-ADV if East Germany 's arthritic Politburo does loosen up enough * to permit Mr. Krenz to make serious efforts at reform] , [ARG0 he] [ARGM-MOD will] [rel face] [ARG1 a challenge just as fundamental] .
- [ARG0 INSURERS] ARE [rel FACING] [ARG1 billions of dollars in damage claims from the California quake] .
- These latter-day scalawags would be ill-advised *-1 to take advantage of the situation , if [ARG0 they] ever expect *-2 to [rel face] [ARG1 the people of South Carolina] [ARGM-TMP again] .
- Mr. Laband described one of [ARG1 the more insidious threats] 0 [ARG0 we] [rel face] *T*-1 [ARGM-TMP when *-3 dealing with disasters such as Hugo *T*-2] -- anti-profiteering ordinances such as that by the Charleston City Council as it thrashed about *-4 trying *-5 to Do Something .
- As investors speculated about the long - and short-term implications , shares of a number of [ARG0 companies] that *T*-2 [ARGM-MOD might] either profit or [rel face] [ARG1 problems] [ARGM-CAU because of the disaster] were actively traded *-1 .
- Analysts figure 0 Amgen could benefit as a result of [ARG0 troubles] [rel facing] [ARG1 its competitor , Genetics Institute ,] over the anti-anemia drug EPO .
- [ARGM-ADV As part of his plea agreement with the government] , [ARG0 the 44-year-old Mr. Craig] [rel faces] [ARG1 a maximum of three years in prison] .
- [ARGM-ADV In either case] , [ARG0 the investor] [rel faces] [ARG1 three possible outcomes] :
- In an interview , he said 0 [ARG0 Fannie Mae] [rel faces] [ARG1 a number of challenges] [ARGM-CAU with the restructuring of the thrift industry and the push * to broaden its activities overseas] .
- But Wang salespeople are trying *-3 to cope with [ARG1 the biggest challenge] 0 [ARG0 any marketer] [ARGM-MOD can] [rel face] *T*-2 : * selling the products of a company that *T*-1 is on the ropes .
- * Consider [ARG1 the difficulties] [rel faced] * by [ARG0-by Audi salespeople] [ARGM-TMP when the car was tainted *-1 by false charges of sudden acceleration *T*-2] , or Exxon dealers ' problems in the wake of the Valdez oil spill .
- [ARG0 The decision * to raise the ceiling on FHA home loans] [ARGM-TMP still] [rel faces] [ARG1 strong opposition in the House] .
- They took more than 25 % casualties ; journalists report that [ARG0 they] [rel faced] [ARG1 minefields] [ARGM-MNR without mine detectors] .
- [ARGM-TMP At that point] [ARG0 investors] [ARGM-MOD may] [rel face] [ARG1 a long , bumpy ride] .
- Also , James Needham , an SEC commissioner , in April 1972 had warned that [ARG0 the industry] [ARGM-MOD might] [rel face] [ARG1 a `` federal agency writing accounting rules ''] [ARGM-ADV if they rejected the FASB idea] .
- But pipeline companies estimate 0 [ARG0 they] [ARGM-TMP still] [rel face] [ARG1 $ 2.4 billion *U* in liabilities from unresolved disputes , including $ 1 billion *U* 0 they fear 0 they wo n't be able *-1 to pass on to customers] .
- It 's an optimistic move in [ARG0 a industry] [ARGM-TMP already] [rel facing] [ARG1 world-wide overcapacity] .
- [ARG0 Individual investors] [rel face] [ARG1 high transaction costs of * moving in and out of the market] .
- [ARGM-TMP After that] , [ARG0 individual traders] [rel face] [ARG1 the risk that the new investment 0 they choose *T*-2 wo n't perform well] -- so their trading costs could be sustained *-1 for nothing .
- [ARG0 Donald Trump] , who *T*-1 [rel faced] [ARG1 rising doubt about his bid for American Airlines parent AMR Corp.] [ARGM-TMP even before a United Airlines buy-out came apart Friday] , withdrew his $ 7.54 billion *U* offer .
- [ARGM-DIS But] [ARG0 a lower bid] [ARGM-MOD could] [rel face] [ARG1 rejection by the UAL board] .
- [ARGM-ADV Even if the buy-out group is able *-1 to obtain financing] , [ARG0 the transaction] [ARGM-TMP still] [rel faces] [ARG1 obstacles] .
- [ARG0 Union Chairman F.C . -LRB- Rick -RRB- Dubinsky] [rel faces] [ARG1 the tough task of * explaining why banks refused *-2 to finance a buy-out 0 the members approved *T*-1 overwhelmingly last week *T*-3] .
- [ARG0 U.S. companies wanting * to expand in Europe] [rel face] [ARG1 `` tough pressure '' from unions] [ARGM-LOC in nations such as West Germany , which *T*-1 play a big consulting role in management decisions] , he says 0 *T*-2 .
- [ARG1 FAST-FOOD chicken chains] , [rel faced] * with [ARG0-with a worsening business slump] , are struggling *-1 to hatch some new marketing strategies .
- Kent Colton , NAHB executive vice president , argues that [ARG0 the U.S.] [rel faces] [ARG1 a multifaceted housing crisis -- reduced affordability of homes for first-time buyers , increased homelessness , and lower apartment construction rates -- that *T*-1 will be `` very difficult '' * to solve `` without expanded federal resources] . ''
- In Barry Wright , Mr. Sim sees a situation `` very similar '' to [ARG1 the one] 0 [ARG0 he] [rel faced] *T*-1 [ARGM-TMP when he joined Applied as president and chief operating officer in 1985 *T*-2] .
- But analysts , while *-1 applauding the acquisition , say 0 [ARG0 Applied 's chief executive] [rel faces] [ARG1 a tough challenge in * integrating the two companies] .
- [ARG0 The news-weekly] has [rel faced] [ARG1 heightened competition from rival Time magazine and a relatively flat magazine advertising market] .
- [ARG1 Knight-Ridder Inc.] is [rel faced] *-1 with [ARG0-with continued uncertainty over the pending joint operating agreement between its Detroit Free Press and Gannett 's Detroit News] , and has told analysts that earnings were down in the third quarter .
- [ARG1 Many papers throughout the country] are [ARGM-DIS also] [rel faced] *-1 with [ARG0-with a slowdown in classified-ad spending , a booming category for newspapers in recent years] .
- Less robust earnings at Pfizer Inc. and Upjohn Co. were attributed *-1 to those companies ' older products , [ARG0 many of which] *T*-2 [rel face] [ARG1 stiffening competition from generic drugs and other medicines] .
- The RTC had previously targeted five thrifts for quick sales in order *-1 to spend cash by certain budgetary deadlines , but the delays illustrate [ARG0 the tough chore] [rel facing] [ARG1 the agency] .
- [ARGM-TMP Already] , [ARG0 CNN] is [rel facing] [ARG1 stronger competition from Financial News Network Inc. and General Electric Co. 's Consumer News and Business Channel , both of which *T*-1 are likely *-2 to pursue more general news in the future] .
- [ARG0 Roh] , who *T*-3 is [rel facing] [ARG1 calls for the reduction of U.S. military forces in South Korea] , is *-1 to meet with Bush tomorrow and is *-1 to address a joint session of Congress on Wednesday .
- Microsoft 's surprising strength is one example of [ARG0 the difficulty] [rel facing] [ARG1 investors looking for reassurances about the financial health of the computer firms] .
- [ARGM-TMP Two years ago] , [ARG1 *-2] [rel faced] *-1 with [ARG0-with the possibility of heavy losses on the stocks in their inventories] , market makers themselves began *-2 dumping shares , *-2 exacerbating the slide in OTC stock prices .
- [ARGM-DIS Nevertheless] , [ARG0 Tandem] [rel faces] [ARG1 a variety of challenges , the biggest being that customers generally view the company 's computers as complementary to IBM 's mainframes] .
- [ARG0 Himont] [rel faces] [ARG1 lower prices for its mainstay product , polypropylene] , [ARGM-TMP while it goes forward with a heavy capital investment program 0 *T*-2 to bolster its raw material supply and develop new uses for polypropylene , whose markets *T*-1 include the packaging and automobile industries] .
- As a result , Mr. Fleckenstein says 0 *T*-1 , `` I think 0 the ball game 's over , '' and [ARG0 investors] are about *-2 to [rel face] [ARG1 a bear market] .
- A 34-foot-tall , $ 7.7 million *U* statue of Buddha was completed *-1 on [ARG0 a hill] outside Hong Kong , [rel facing] [ARG1 China] .
- Justin 's plight shows what *T*-1 can happen when [ARG0 a tiny company] [ARGM-TMP suddenly] [rel faces] [ARG1 the full legal might of a wrathful multinational] .
- [ARG1 The men] [ARGM-DIS also] [ARGM-MOD will] be [rel faced] *-1 with [ARG0-with * bridging the generation gap between themselves and the country 's many militant black youths , the so-called young lions who *T*-2 are anxious * to see the old lions in action] .