Word: deepening
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...Both sides are responsible for the present crisis. Israel has never seriously tried to make peace with the Arabs, from whose land it was carved. The Arabs have never admitted Israel's right to exist. Instead, both sides have engaged in border terrorism that has only served to deepen the hatred between them. Last November, in reprisal for guerrilla raids, Israeli tanks whipped into Jordan-one of its least aggressive neighbors-and shot up a town. Only a month ago, the Israeli air force flew into Syria-which trains and finances most Arab "commando" units -and shot down...
...three-phase plan. First, peo- ple opposed to the war or with doubts about it are found through extensive canvassing. Second, once the people are found, they form discussion groups to deepen their understanding of the issues involved in the war. Third, with their studies complete, they undertake "basic political action." Alperovitz is still uncertain of the exact form action should take, but he has suggested pressing Congressmen to hold open hearings on the war in the community or petitioning to place a statement opposing the war on the ballot in local elections...
...Chief Executive Hermann Abs, Germany's most powerful banker: "It is the noblest right of the banker to say no when he considers the risk exhausted." Abs next took the problem to Bonn. Schiller stepped in quickly, fearing that a crisis at Krupp (annual sales: $1.2 billion) would deepen Germany's economic downturn...
...industrial productivity has failed to improve, and though help might have come from private investment, instead such investments have slumped. Soaring government spending for defense, welfare, roads, schools, housing and nationalized industries has raised the specter of higher taxes next month, a move that some economists fear would only deepen the recession...
...further, the U.S. Federal Reserve cannot just turn on the spigot unless there is comparable action abroad. At least $2 billion of interest-sensitive Eurodollars-U.S. dollars on deposit in foreign banks-poured back into the U.S. last year. If falling U.S. rates reverse that flow, it would deepen the already worrisome U.S. balance of payments deficit, putting further strains on the dollar abroad. Similarly, the British dared only a cautious cut in rates to help stagnating industry lest a bigger step put new pressure on the pound. The Chequers "miniSummit" produced a mere gentleman's agreement...