Word: buttresses
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...free flow of capital across international borders. In the mid-19th century, European investments helped finance the building of America's railroads, essential for opening up the West. Later, Europeans put their money into American ranching, farming and mining. After the turn of the century, foreigners helped buttress one of the most powerful companies of the era, U.S. Steel, by buying up fully 25% of its equity...
...since indicted both Pervez and a resident of the Pakistani city of Lahore, retired Brigadier Inam ul-Haq, for conspiring to illegally export strategic materials. U.S. investigators suspect that the Pakistani government is behind the illicit scheme, a charge that Foreign Minister Yaqub Khan denied last week. To buttress that claim, Pakistani authorities have issued a warrant for Inam's arrest...
Citicorp's tough decision is intended to buttress the bank's financial statement, which until now has been steadily profitable (see chart). But the move could have a profoundly unsettling effect on the hundreds of other international banks and dozens of debtor countries involved in the five-year- old Third World debt standoff. At one stroke, Reed had admitted that Citicorp, and probably most other large banks as well, may never collect on major portions of the onerous Third World debt burden...
...weeks. One is a $1 billion federal fund to retrain up to 900,000 U.S. workers in a bid to enhance U.S. competitiveness, a favorite Washington buzz word. Another is a doubling of the National Science Foundation's budget over the next five years, to $3.2 billion, to help buttress U.S. research and development. The Administration also wants to strengthen existing laws designed to keep foreign manufacturers from dumping goods in the U.S. at prices that are less than the cost of production. Among other things, the White House wants to stop companies that are evading those restrictions by shipping...
Ever since Pope John Paul's celebrated American tour of 1979, it has been evident that one priority of his pontificate is to buttress official Roman Catholic policies that have faced continual questioning within the U.S. church. Now, a year prior to the Pope's planned return visit to America, his campaign to bring the nation's bishops, priests and sisters into line has provoked a rising tide of dissent. Bishops are privately vexed, and priests are salting sermons with barbs directed at Rome; the board of one Milwaukee parish even recommended that members divert gifts from the annual collection...