Word: cutoffs
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Because of the civil war, Nicaragua's economy, already reeling from an almost total withdrawal of foreign investment and a cutoff of U.S. economic assistance, has been dealt a blow from which it will take years to recover...
...Earlier this year he curtly rejected a U.S. proposal for a plebiscite to decide his government's future. Moderates argue that since the U.S. was instrumental in putting Somoza's family in power, Washington should do more to force him to step aside. They charge that a cutoff of military and economic assistance ordered by Washington to back up its proposal was a futile gesture that could have little impact on a "feudal" leader like Somoza...
Moscow's burgeoning military presence in Indochina gives the Soviet Union a potential to control the vital shipping lanes of the South China Sea. That prospect has caused Japan to threaten Hanoi with a cutoff in aid, which now amounts to $50 million, if it allows Cam Ranh Bay to become a Soviet base. Last week the five ASEAN states of Thailand, Malaysia, Singapore, Indonesia and the Philippines poured cold water on Hanoi's offer of a nonaggression pact. The pact was apparently designed to allay ASEAN fears that have been raised by the Vietnamese invasion of Cambodia...
...crunch that was caused by the cutoff of oil from Iran earlier this year taught the world how deeply dependent it is on crude from that tortured land. Lately the export flow has been back up to 3.3 million bbl. per day, but there were reports last week that production is dropping, and once again the supply is endangered. A shutdown of Iranian production would put the U.S. in a tough position. Oil stocks are already very low, and consumption would have to be reduced by at least 1.7 million to 2 million bbl. per day. "We would hope that...
...severely damaged pipes, power lines, railway beds, trucks and roads across the country. Never a strong point of the Soviet economy, transportation became a major national problem as a late spring delayed necessary repairs to the system. Energy was also a problem. Parts of the country suffered from a cutoff of Iranian natural gas, and oil production fell short of planned output...