Word: effect
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Dates: during 1970-1979
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...from the flight of industrial capital. Companies fled for many reasons, ranging from the ones which relocated in Stamford, Connecticut to be nearer their chief executives' homes, to the ones that went to Texas to avoid unions. But the tone was set by the bankers and brokers, who in effect redlined the Graybelt...
Assad fears that the Christians might eventually link the portions of southern Lebanon under their control into a pro-Israeli buffer zone. Conversely, Israel fears that the defeat of Christian forces may leave Lebanon in the hands of radical Muslim leftists and Palestinians-in effect creating a new "confrontation" state. TIME has learned that two months ago, Assad attempted to cut his losses in Lebanon by bluntly demanding that the Christians make a final choice between Israel and the Arab states. Chamoun's reply: "We choose the Israelis." At that point Assad decided to cripple the militias...
Another sanguine sign: partly because conservation efforts (especially by industry) have had more effect than almost anyone originally expected, the annual growth in world oil consumption has been held to about 1% in the five years since the embargo, compared with the 5% to 7% increases in the extravagant days before. As a result, the OPEC countries have been holding their production well below full capacity; even so, they are preparing to end their two-year price freeze with an increase (perhaps 5%) next year...
...diversified multinational, has moved its important operations elsewhere, and the Ball family itself is scattered, with diminished clout in Muncie. The local economy is now controlled from the out-of-town board rooms of large national and international corporations-and from Washington. Says Caplow: "The Federal Government has in effect taken over all the social welfare functions in Muncie. The care of the sick, the poor, the aged and the delinquent is all controlled by Washington...
...offers a teaspoonful of praise, then takes over the piano herself, makes a show of shutting the music rack and flexing her fingers, and plays the piece superbly, from memory. The performance is a cruelty, and the face of the younger woman shows that it has had its intended effect...