Word: cutoffs
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...determination to stop the spread of Marxism-Leninism from Nicaragua to the rest of Central America. Meanwhile, leaders of the 10,000-member Nicaraguan Democratic Force of anti-Sandinista rebels known as contras declared they would intensify their guerrilla attacks against the Nicaraguan regime, despite a U.S. congressional cutoff in May of covert Administration aid to the war effort...
Siles' troubles began right after his election in 1980, when the armed forces prevented him from taking office. Two years later, following a general strike and a cutoff of U.S. aid, the military relinquished power and invited Siles back from his exile in Peru. But his coalition of four left-of-center parties, including the local Communists, has bickered incessantly ever since; a series of economic mistakes, coupled with severe drought and flood, have brought the country to the brink of ruin. The inflation rate reached 328% in 1983, and could hit 2,000% this year. Although the treasury...
Suddenly Hess interrupted in a flat, unemotional voice, "We have an engine cutoff." Seconds later, NASA officials watched in helpless dismay while their proud young ship sputtered to stillness like a jalopy running out of gas. Concluded Hess stoically: "We have an abort." Nor was that the worst of it. As the astronauts lay strapped in their seats, awaiting instructions, hydrogen gas gathering in the ship's main-engine area burst into flames below them, shooting a tiny inferno through the engine pit. Sprinklers on the launch pad immediately flooded the pit with several thousand gallons of water, dousing...
...this would be equal to closing the Strait of Hormuz." Lloyd's denied the likelihood of such a cancellation. In any event, the world, and particularly the U.S., is nowhere near as dependent on gulf oil as it was ten or even five years ago. But a cutoff would still work a considerable hardship on Japan and several West European nations, and would undoubtedly lead to a sharp, if temporary, rise in the worldwide price...
Heller warned, however, of several "thunderheads" that could rain on Reagan's re-election effort or generate hailstorms for whoever occupies the White House in 1985. The dangers include rising interest rates, a gargantuan federal deficit, a plunge in the dollar's value, a cutoff of Persian Guff oil supplies, and increasing turmoil in the financial industry as a result of the near collapse of the Continental Illinois Bank and the continuing troubles that major banks are having with loans to Latin American countries...