Word: chokes
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...decline, living costs are certain to rise further in the developed countries. If they do not and no world energy agreement is reached, then the oil cartel states, which are already contemplating another price rise, might retaliate in support of the commodity producers with a larger increase that could choke off recovery from world recession. There is also a danger that the commodity price slump and the industrial world's growing reluctance to pour money into countries where nationalization is a threat will reduce investment in raw materials production enough to leave supplies short when demand rises again, perhaps...
...scheme to reduce consumption by raising the price of oil because it would be a drag on an already sagging economy. Says a Senate staffer who specializes in energy: "There is no need for a sudden drastic cut in petroleum imports that would add to unemployment and choke off economic recovery...
...reaction from Cambridge civic leaders was immediately critical. The building was "monumental" and "out of character with the Square." They said the library would choke off the area with traffic and pollution...
...only one, the 1973 U.S. Open. How will he do in this year's Masters, Open, P.G.A. and British Open? He likes his chances in all of them. "I'm more experienced now. I make fewer mental errors and I don't choke as much as I once did. My choking point is probably higher than Nicklaus...
...recipients of by far the greatest international transfer of capital in history. Because many nations are becoming poorer while the oil exporters become richer?and much of the oil money is neither spent nor placed in long term deposits or investments?the huge transfer of wealth threatens to choke the international monetary system and strangle world trade...