Word: boosting
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Dates: during 1980-1989
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...this vein, Shattuck and Spence seek to remove a large stumbling block to a closer relationship with the government: restrictions on information. While more federal funds may boost campus-based research, White House information policies produce an opposite effect which may far outweigh the good of more money...
Mulroney is counting on the pact to give a boost to a country that at the moment has a modest surplus in world trade. From 1980 to 1984, Canada's exports surged from $67.7 billion to $90.3 billion, fueled largely by sales to the U.S. of such products as softwood lumber, newsprint, autos and trucks. By 1986, however, exports had slipped to $89.7 billion, partly as a result of a falloff in Canada's revenues from oil sales. Canada had an $11 billion trade surplus with the U.S. last year, but a $5 billion deficit with the rest...
...consequences could be daunting. Says National Center for Atmospheric Research's Francis Bretherton: "Suppose it's August in New York City. The temperature is 95 degrees; the humidity is 95%. The heat wave started on July 4 and will continue through Labor Day." While warmer temperatures might boost the fish catch in Alaska and lumber harvests in the Pacific Northwest, he says, the Great Plains could become a dust bowl; people would move north in search of food and jobs, and Canada might rival the Soviet Union as the world's most powerful nation. Bretherton admits that his scenario...
...NICs, is that the U.S. will try to slash its trade deficit by erecting new trade barriers. To prevent that from happening, the NICs will need to open their own markets wider, buying sophisticated goods and technology from the U.S. Unfettered global competition may be unsettling, but it can boost trade in every direction, and that will ultimately benefit all the players...
...renewed confidence in Europe, however, a few strains of Europessimism linger. Europeans realize that in the mid-1980s their exports to the U.S. received a mighty boost from the rise in the value of the dollar, which made imports less expensive for American consumers and businesses. Now that the dollar has taken a dive, Europe's export industries are feeling pressure once again. Another concern is sluggish investment. Despite healthy earnings, many of Europe's companies are not devoting enough money to modernizing and expanding factories. Instead, firms are stashing cash in high- yielding money-market securities or buying...