Word: avert
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Dates: during 1990-1999
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...rescue fund to promptly handle future crises like last winter's Mexican peso plunge.President Clinton and the leaders of Japan, Germany, Britain, France, Canada and Italyagreed that the global economy is not growing as robustly as it was only a year ago and promised to used the fund to avert worldwide financial instability. "We cannot walk away from our global leadership responsibilities," Clinton told reprters at the G-7 summit in Halifax, Nova Scotia. At the same time, he said the bailout fund will "help us prevent future Mexicos." In a nod to U.S. critics of the president's hastily...
Tadesse may well have been one of those people. But in the future, the College could do more to help students at points along the way. By emphasizing the importance of a support system in the houses, College administrators could at least try to avert further tragedies...
...back down now. At the same time, his Liberal Democratic Party, which had governed Japan for some 45 years but is now only the largest faction in a coalition government, may no longer have the backroom clout to bring the country's powerful bureaucrats into a compromise that would avert a trade...
...agreed to allow some20,000 Cuban refugees currently detained at Guantanamo Bayinto the U.S. Any other Cubans who flee their country will be forcibly returned home -- a provision to which Havana had not previously agreed.TIME Diplomatic correspondent J.F.O. McAllistersays the unexpected pact, announced this afternoon, is an effort to avert what the U.S. military worried would be new riots in the refugee camps in the hot summer months. (The Administration said it was increasingly concerned about the safety of some 6,000 American troops now stationed at Guantanamo.) That's not the only reason, McAllister adds: Clinton, ever mindful...
...money, creating a simpler tax system by eliminating the IRS. Such a system would be regressive, however, since lower-income people spend more of their income in cash transactions. TIME Washington correspondent John Dickerson adds that another problem with the proposal is that retailers could find ways to avert the tax and there would be no national authority to catch them. Lugar contends much of the sales tax would be offset by price reductions because retailers would no longer have to pay corporate income taxes. The senator said there would be exemptions -- possibly for food, medicine and home purchases...