Word: averted
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Moynihan, an advocate of federal loan guarantees to avert bankruptcy for New York City, recalled that many New Deal projects, like the Tennessee Valley Authority, were designed by a largely Northern Administration specifically to aid the South to recover from the Depression. He asked: "What will become of this tradition of national liberalism if the region from whence it emerged should look up two generations later and find that... resources flowed South [but] never North...
...great rival Communist powers-the Soviet Union and China-each possess imposing oil reserves that are bound to become important factors in the world's struggle to avert a full-fledged energy crisis. Yet because both nations are so secretive, outsiders have had trouble analyzing their true capabilities or intentions. Some Western experts fear that the looming international competition for available supplies could lead to political and perhaps even military confrontations...
Turkey's latest political crisis interrupted negotiations with officials of the International Monetary Fund, who were seeking to help avert national bankruptcy -including a threatened cutoff of credit for petroleum shipments from Libya and Iraq; IMF officials tired of cooling their heels during the crisis and returned to the U.S. to await the organization of Ecevit's government. Currently, Turkey's inflation is 35%, and unemployment is a huge 20% of the labor force. The nation is also gripped by political terrorism involving extremists of both the left and the right -the latter thought to be encouraged...
...unite the island republic with Greece. Makarios barely escaped with his life and fled into exile. His place was usurped by Nikos Sampson, notorious for having committed acts of terrorism against the Turkish minority on Cyprus. After a week of protests and warnings, Ankara moved unilaterally to avert Greek annexation of the island; Turkish paratroops and landing craft invaded. Sampson fell. So, within days, did his mentors in Athens. Makarios returned to Cyprus, and democracy was restored in Greece...
...supporters hint the department's action was little more than a slap on the wrist, a face-saving move designed to end the political firestorm as quickly as possible. They contend that the supervisor did not deserve a suspension but the reprimand was an easy way to avert a long investigation. Two weeks ago The Real Paper--like Vellucci, a staunch advocate of rent control--lashed out at the Globe report as "sleazy journalism." The "Spotlight Team," it noted, trailed Vellucci for only one day and failed to report that he legitimately signed out for the day before returning...