Word: curbed
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Dates: during 1980-1989
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...steep slide early in the week occurred when members of the Organization of Petroleum Exporting Countries confirmed that the group has in effect abandoned any effort to curb its production, thus ensuring a worsening global glut. Meeting in Vienna under dark snow clouds, a committee of oil ministers from five OPEC nations--Venezuela, Indonesia, Iraq, Kuwait and the United Arab Emirates--declined to propose any new output limit for the 13- member group. Their decision goes along with the strategy being pursued by Saudi Arabia, Kuwait and other wealthy oil producers, who are flooding the market with excess petroleum. These...
Last week Sheik Ahmed Zaki Yamani, the Saudi oil minister, issued a stern warning. Without a new agreement to curb production, Yamani said, "there will be no limitation to the downward spiral that may bring crude prices to less than $15 per bbl., with adverse and dangerous consequences for the whole world economy." The threatening words pushed prices into a free fall. North Sea oil dropped to $17.70 per bbl. before recovering a bit to finish the week...
...prime culprit in dozens of terrorist attacks, including last month's. While military sanctions would be most likely counterproductive and a violation of international law, economic sanctions against Khadafy's regime are morally justified. And, as happens only rarely in the interdependent world of today, they might actually curb Libya's terrorist activities, providing a practical justification for them as well...
...investments may be just as good as killing him outright; increasing unrest in Libya caused by escalating hardship might produce the same result. If he fears such an outcome, he might make overtures to Western governments promising to stop his terrorist activities. At the very least, Khadafy might curb his actions in the hope of avoiding more severe reprisals...
...evening last week, on a midtown Manhattan block brimming with Christmas shoppers and commuters, Castellano, 70, and his henchman Thomas Belotti, 45, pulled to the curb in a black Lincoln limousine, evidently on their way to a steak house. Three men waiting nearby pulled semiautomatic weapons from under their trench coats and cut them down. Castellano and Belotti each caught six bullets in the head and torso. As two of the gunmen ran down 46th Street toward a getaway car, the third spoke briefly into a walkie-talkie and then coolly fired a coup de grace into Castellano's skull...