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Word: diverters (lookup in dictionary) (lookup stats)
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...hold an estimated $7.6 billion in U.S. Treasury bills and notes, more than four times as much as in 1974. By making the investments, foreigners are helping to finance the nation's excessive deficit spending, thereby eliminating the need for the Government to borrow the money domestically and divert it from productive investment at home...

Author: /time Magazine | Title: Business: The Selling of America | 5/29/1978 | See Source »

...short of any reasonable, justifiable stand against companies supporting apartheid. First, the report focuses on the support U.S. firms give the apartheid system through the labor practices they employ in South Africa. While racist labor policies certainly constitute a significant aspect of American corporate complicity in apartheid, they divert attention from the bigger issues of U.S. corporate involvement. U.S. corporations employ a total of less than 1 per cent of the South African black labor force, so any improvement in American labor practices will have virtually no effect on the great mass of South African blacks. The ACSR almost completely...

Author: NO WRITER ATTRIBUTED | Title: Abdication On South Africa | 4/10/1978 | See Source »

...prospect for an overall settlement. If Prime Minister Begin believes withdrawal from Lebanon can be used as a bargaining chip to extract concessions from Washington and Cairo, he could well be in for a surprise. The invasion is likely to do nothing except severely set back negotiations and divert attention from the main issues of a Palestinian homeland and the occupied territories...

Author: NO WRITER ATTRIBUTED | Title: Tragedy In the Middle East | 3/23/1978 | See Source »

...waved it off when an Air France pilot identified it as Cyprus 007. "Air France blew the gaffe on us," complained Melling, who landed anyway. There they refueled and took off once again?this time to their starting point at Larnaca. En route they were informed that they could divert to Damascus; Syrian President Hafez Assad himself had assured the killers refuge. Mohammed's reaction: "Not Syria! You don't know Syria! We're not going there...

Author: /time Magazine | Title: World: I Knew That You'd Make It' Aboard Cyprus Airways Flight 007 to Djibouti and back | 3/6/1978 | See Source »

...population increase (2.3%) continues, demographers fear that Egypt will have between 60 million and 80 million people by the year 2000. Food production, which spurted after the completion of the Soviet-financed Aswan High Dam in 1971, has not kept pace with the numbers, and Egypt is forced to divert money from development to buy food from abroad. When the government cut food subsidies as an economy measure last January, Cairo's and Alexandria's poor rampaged through the streets in the worst riots since the nationalist upheavals of 1952. The subsidies were quickly restored...

Author: /time Magazine | Title: Man Of The Year: The Gift of the River Nile | 1/2/1978 | See Source »

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