Word: drastically
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Among other victories, the committee succeeded in reversing the drastic reduction in library hours...
...thirds of Continental's $30 billion in deposits. Last week bank officials appeared to have virtually given up looking for another bank or for some wealthy buyer to infuse new money into the institution. Instead, they were meeting in Washington with is federal regulators to discuss a drastic, last-resort solution in which the Government would assume ownership of Continental. If the deal is concluded, it will be the first nationalization of a major bank in U.S. history...
Lilco is not the only power company whose managers are seriously talking about bankruptcy, which has not happened to a major utility in the U.S. since World War II. About half a dozen of America's 100 largest electric utilities are near that drastic step. What is more, these are among the biggest and most respected in the country, and how they handle their problems will determine the response of the entire industry...
Though some Israelis remain unperturbed by the inflationary helix ("So what if hamburgers cost trillions of shekels in 500 years?" asks a Jerusalem restaurant owner. "It's all relative."), most seem resigned to the fact that whoever wins the election, drastic action is now a must. "The party will have to end," said a government official last week...
Despite last week's meeting, the Latin American countries do not form a united and cohesive bloc. While the two heaviest debtors, Brazil ($93.1 billion) and Mexico ($89.8 billion), have taken drastic measures to rein in their runaway economies, Argentina ($45.3 billion) is still a maverick. Two weeks ago, Argentine President Raúl Alfonsín rejected an IMF austerity demand for cuts in wages and government spending, which was designed to curb his country's 568% inflation rate. Alfonsín sent the IMF a plan that promised workers 6% to 8% wage increases...