Word: boost
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Dates: during 1980-1989
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...gasoline leveled off and Texaco's network of filling stations became something of a burden. Many were eventually folded. As a result, Texaco's industry lead faded. By 1977 it had dropped to its current No. 3 spot, behind Exxon and Mobil. In recent years Texaco has struggled to boost profits in the face of depressed energy prices...
...billion merchandise balance in Canada's favor was partly offset by an $8.1 billion U.S. trading surplus in such services as insurance and investment. No less than 80% of the trade across the northern U.S. border is already duty free. Trade experts estimate that totally free trade would boost the roughly $416 billion Canadian economy by about 3% to 8% within five to ten years. The $4 trillion U.S. economy would gain proportionately less...
...dollar's continuing plunge created turmoil in U.S. financial markets. As fears mounted that the greenback's weakness would boost inflation, bond prices dropped and interest rates climbed. The rate on 30-year Treasury bonds, for example, reached a 14-month high of 8.18%. The Dow Jones average of 30 industrial stocks closed at 2338.78, down 51.56 points for the week...
...Japanese goods in retaliation for Japan's failure to live up to a semiconductor trade agreement. At the Washington G-7 session, Japan tried to ease the conflict by unveiling a $34 billion program to stimulate its economy through public works. The spending is intended in part to boost Japanese imports of foreign goods. Although similar programs had done nothing in the past to reduce the country's trade surplus, U.S. officials were hopeful that Tokyo was serious this time...
...many Senators think they can solve the twin problems of the deficit and declining American competitiveness painlessly, by shaving money from education. They are wrong. In the long run, every dollar that goes to education serves to boost productivity and thereby lays the foundation for America's future economic health. Keeping access to higher education open to all is not only a matter of equity; it is also a matter of economic efficiency...