41. BRITISH gilts rose as advancing German bunds and U.S. bonds prevailed over concern that the ruling conservative party will soon lose its majority in parliament. 42. But his efforts set a good example for conservative parties elsewhere in Europe, where extremist parties of the far right are also gaining ground. 43. Cavallo now leads a small conservative party, but he has two bigger assets. 44. Clarke played down calls for tax reductions and sought to dispel the view that the ruling Conservative party needs tax cuts to revive its flagging fortunes. 45. Conversely, it could force the LDP to adopt more dramatic reforms than the conservative party might otherwise support. 46. Dwindling support for Major prompted him to resign last summer as leader of the Conservative party. 47. During the Cold War a pro-business and pro-American conservative party squared off against a Marxist left wing. 48. Hard-liners in his conservative Likud political party are outraged at the pullouts. 49. Gysi lamented that it always seemed that reformist Communists come to power when conservative parties have left them no money to spend. 50. His protest enraged a leading member of a conservative party, Diego Fernandez de Cevallos, who ran for president against Zedillo. |
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