Word: deters
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...aspects of the new tax laws. William Boardman, director of major gifts ($100,000 and up), admits to some trepidation about changes in estate tax laws, which may drastically alter the investment behavior of very wealthy citizens. Uncertainty about the future of laws that must be continually renewed may deter potential donors who are unsure about where to make long-term investments. And there is talk now in Washington of imposing select tax increases upon very specific assets, which may put yet another squeeze on major Harvard contributors, to whom fund drive officials attribute the current healthy state...
...repudiate South Africa's boldest military venture since it committed troops to the Angolan civil war in 1975. For well over a week, an estimated 4,000 South African troops had ranged over southwestern Angola, seeking out new air defense systems said to have been set up to deter South African cross-border raids. After previous South African incursions, and subsequent calls for condemnation of South Africa at the U.N., the U.S. had abstained from chastising Pretoria and at least once joined a vote of disapproval. But last week's veto indicated that the Reagan Administration has other...
...maximum interest, foreign depositors must convert their holdings into Canadian dollars, which traded at a 50-year low of 80.3? against the U.S. dollar as recently as a month ago. But that does not seem to deter some savers who say that the risk of a currency decline is outweighed by the high interest rates they receive. Says Detroit Advertising Salesman Phillip Marien, who has a Canadian passbook account: "I don't worry too much about a currency devaluation. You can take money out at any time without a penalty...
...network of such arrangements is strategically critical if the U.S. is to deter, and, if necessary, resist, a Soviet thrust toward the warm waters and the oil. To be sure, Israel's own military power might be a genuine asset to the U.S. in such a contingency. Israel could provide the American units with tactical air support-as long as its hostile Arab neighbors did not take advantage of the broader conflict and attack Israel and thus tie down its air force. Moreover, while the possibility of a Soviet blitzkrieg into Iran or Pakistan cannot be discounted...
...State Department issued the first of a series of statements urging U.S. citizens to leave Libya and avoid visiting it-a warning ignored by U.S. oilmen. Later the U.S. announced that it would help to bolster the defenses of Libya's neighbors, Tunisia and the Sudan, to "deter further Libyan adventurism." In late July, erroneous reports were published that the U.S. Central Intelligence Agency was planning to assassinate Gaddafi. This in turn caused a Libyan group called the Free Unionist Officers to threaten a campaign of "physical liquidation" against Americans, including President Reagan...