Word: cancelled
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Once in office, Palme hopes to apply his party's free-spending credo as a panacea for Sweden's sluggish economy. He promised to cancel planned cuts in sick pay and to increase funding for child-care centers. Unemployment compensation and pensions will be raised to keep up with inflation. In addition, Palme has proposed a mammoth $320 million government investment scheme to build new roads, bridges and housing projects that he believes will generate up to 40,000 new jobs. To finance the programs, the Social Democrats want to hike the country's 21.5% sales...
...faculties for consulting purposes in 1962, Bundy says, but several Harvard professors had access to inside information through official and unofficial sources. Kistiakowsky, for example, remained in contact with members of the Presidential Science Advisory Committee, which he had headed under the Eisenhower Administration. He attributes his decision to cancel classes at the peak of the crisis to the gloomy reports he received: "I just couldn't make myself prepare the lecture, so I went in and said I was not going to lecture," he explains...
REAGAN has made his economic initiatives paramount to all others, even to his anti-Soviet strategies, as the resumption of the wheat sales attest. European leaders ask how Reagan dares ask them to cancel the pipeline, a central element of their economic recovery plans, when he has shown different priorities back home...
...past two years to Canadian, Japanese and Italian competitors. Budd has done business with the MTA for two decades, and is to deliver 316 subway cars in 1984. The company said that as a result of losing the latest contract it will lay off up to 40 engineers and cancel plans to hire 550 workers in New York...
...steel complex, and a $360 million plant to produce fertilizer pellets. In most of those industries, worldwide production gluts already abound, though a pickup in the global economy would help stimulate demand at least somewhat in consuming countries. Mean while, however, the Saudis have already been forced to cancel plans for a 225,000-ton-per-year aluminum smelter, and additional retrenchment may eventually prove unavoidable...