Word: absorb
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...anticipated recession deepens and election time rolls around, Volcker may find others, including Carter, carefully keeping a distance from him. Volcker seems willing to absorb the political lightning. There will be plenty of it as the economy reacts to the sweeping reforms announced by the towering and determined man who must test his resolve against the most punishing financial prospects in a decade...
...political fray, letting Barre run the country on a day-to-day basis and, conveniently, leaving him to take the heat for unpopular decisions. But now, says Jeanne Labrousse, director of the polling institute I.F.O.P.: "We have reached the point where discontent is so high that Barre cannot absorb it all himself." According to Jacques Attali, a leading Socialist economist, the reason is that Giscard and Barre can no longer promise light at the end of the austerity tunnel. Says Attali: "The French are losing hope." According to a survey in the business magazine L'Expansion, three...
Employers simply cannot hand out the kind of raises required to keep all their staffers fully abreast of 13%-plus inflation. Because taxes absorb part of any increase, a firm seeking just to keep "whole" an employee earning $15,000 or more must boost his pay by 16% to 19% this year alone. If high inflation persists, further raises would be necessary in subsequent years. Yet a company that gave increases of this size would not only be violating the Administration's 7% pay guideline but might also risk cleaning out its treasury...
...became active in anti-Bolshevik intellectual circles, and was arrested five times and jailed for a year. In 1931 she immigrated to the U.S., where she wrote, lectured and ran several chicken farms. In 1939 she founded the Tolstoy Foundation in Valley Cottage to aid and absorb refugees from Soviet bloc countries and, she said, "to interpret to the Western world the present-day tragedy of the Russian people...
Course development could mean projects like Chandler's films, slide shows for art courses, or translations for Foreign Cultures courses. Academic departments normally absorb such costs themselves, but the glut of many new Core courses simultaneously asking for development money makes the capital campaign's allocation essential, Keller says...