Word: crunches
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...cash crunch was deliberate, the result of new President Fernando Collor de Mello's desperate all-or-nothing attempt to "obliterate" Brazil's inflation spiral, which hit a monthly rate of 73% in February. The severe clampdown, which the President unveiled just hours after his inauguration on March 15, went into full effect last week. By presidential decree, the plan freezes 80% of the country's banking and investment accounts; no one can withdraw more than $1,200 from savings for the next 18 months. And to cement his reform, Collor replaced Brazil's latest currency, the new cruzado, with...
Military strategists complain that they have to shape plans for a decade in a situation that changes explosively from week to week. But that danger is no excuse for not beginning to draw up a strategic plan to guide the reductions that a budget crunch is forcing on the U.S. no less than on the Soviet Union. Nor should it be allowed to obscure the happy prospects now beckoning Washington and Moscow alike...
...midst of this crunch, Harvard and Cambridge are renegotiating their current in-lieu-of-tax agreement, which which expired last year. Discussions on a 10-year agreement are expected to be concluded soon, according to Marilyn Lyng O'Connell, director of community relations and a co-author of the report...
...consumers' concern over the link between high-fat diets and heart disease, food manufacturers are rolling out an array of low-fat and fat-free fancy pastries, creamy cakes and gooey snacks. This month Entenmann's introduced a dozen no-fat desserts, including Bavarian Creme Pastry and % Pineapple Crunch Cake. They are made with nonfat milk and egg whites instead of whole eggs; according to Entenmann's, they do not contain a trace of oil, margarine or butter. Meanwhile, Hostess cupcakes, a favorite after-school snack for generations of children, will now come in a 97% fat-free version. Hostess...
...collapse of communism in Eastern Europe could mean a reduced U.S. defense budget. And it means that America must spend more to support the thrust toward liberalization. To get around the money crunch, Senate Republican leader Robert Dole last week proposed cutting 5% from the funds allotted to foreign- aid recipients...