Word: dampener
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Dates: during 1980-1989
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...Gdansk. His address was interrupted by heckling; it was followed by a speech in which Walesa boldly rebuked the government. When the authorities decided to broadcast the incident on national television, thousands of sympathizers around the country took to the streets. Walesa and other opposition leaders contrived to dampen the fervor of the crowds, and the militia managed to suppress the dissent without much difficulty. Still there was a message in last week's outbursts: though Solidarity may be nonexistent on paper, it is still very much alive in spirit...
...migration of funds to the U.S. has created a dilemma for other nations. They must jack up their own interest rates to compete with U.S. levels if they hope to keep the money from departing. But the higher rates will then dampen their economies. "Germany has already let its interest rates drift up since spring," notes Hans Mast, chief economist for Credit Suisse in Zurich. "If American rates don't drop by fall, European rates will have to start moving up." Says Economist Heller: "The international costs and consequences of our interest rates are really incalculable...
...position of official power. For the Reagan Administration, which has often been criticized for lacking depth in international affairs, tapping Kissinger was a way to lend credibility to foundering aspects of its foreign policy. But the choice was nonetheless surprising. The commission was formed in part to dampen domestic controversy, and Kissinger is, above all, a highly controversial figure. Indeed, in his unsuccessful 1976 primary campaign against President Gerald Ford, Reagan launched a sustained series of attacks on Kissinger, saying, among other things, "Kissinger's stewardship of U.S. foreign policy has coincided precisely with the loss of U.S. military...
Brilliant sunshine gave way to rain later in the day when the Pope reached Katowice, a steel-producing city in the Upper Silesian coal-mining region. The heavy downpour did little to dampen the spirit of the crowd of 1.2 million that was waiting for John Paul under a forest of umbrellas in a vacant airfield outside the city. When the Silesians spotted the Pope stepping from the papal helicopter, they let loose with a boisterous chorus of Sto Lat (May You Live a Hundred Years), all but drowning out a brass band of black-suited miners...
...Mitterrand's concerns about unstable currencies may be somewhat self-serving, they are shared by a growing number of prominent people. In recent weeks, Federal Reserve Board Chairman Paul Volcker, Investment Banker Felix Rohatyn and former West German Chancellor Helmut Schmidt have all talked of the need to dampen the swings in currency values. Former Secretary of State Henry Kissinger, like Mitterrand, has called for a summit meeting to revamp the monetary system...