It should be noted that, simply by tabling their proposals, and without having to effect actual reductions in their military spending or their weapons production, the Soviets have already had considerable successes under Gorbachev in interfering with U.S. and NATO defense programs.

CENTERFORSECURITYPOLICY: US-Soviet Relations

Without being too lighthearted about it, loss of the boom effect of China would have had smaller actual impact on the Australian economy in any given year than some of the floods and fires have.

WSJ: Australia's Private-Equity Deals for the New Year