Word: expansionists
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What can be done? The OECD recommends prompt efforts by West Germany and Japan, two "locomotive" economies, to speed up growth. Since Japan is already trying to stimulate its economy, the obvious target of the OECD appeal is West Germany, which has consistently rejected expansionist economic policies. At the same time, West Germany has built up a giant $16.7 billion trade surplus that has left the deutsche mark vulnerable to revaluation on the world's money markets. Indeed, because of the recent slide of the dollar, the increased value of the mark is beginning to crimp the country...
Soares' basic strategy was to play off the opposition parties against each other in order to get a majority vote. But eventually, the Social Democrats and the C.D.S., both of which favor an expansionist economic policy, found it intolerable to support policies that they had no role in formulating. The crunch issue was a proposed $1.5 billion loan from a consortium of Western countries and the International Monetary Fund. The conservative opposition accused Soares of yielding too easily to the IMF's insistence on such restrictions as low economic growth (1%), devaluation of the escudo and other austerity...
...Foreign Minister, Prince Saud al Faisal, insisted that his country will back every effort to set up a Palestinian state on the West Bank and in Gaza. The Arab states, he said, will push for a United Nations resolution-which almost certainly will pass-condemning Israel's "expansionist" policy of creating new Jewish settlements on the West Bank. The hardening stance on both sides does not bode well for President Carter's talks later this month with foreign ministers of the Arab states and Israel when they arrive for the opening of the U.N. General Assembly...
...settlers. West Bank Arabs see only arrogance and contempt for their rights-and they fear that things will grow worse for them under a Likud government. Says Mayor Elias Freij of Bethlehem: "With the election of Begin, the whole world can see the real face of Israel. It is expansionist, and it wants [all the West Bank] even though it doesn't belong to the Jews...
...Douglas is a 35-year-old American literature scholar with a provocative thesis. It is that U.S. mass consumer culture was born about 150 years ago in the pious alliance of middle-class women and the liberal Protestant clergy of the Northeast. Expansionist, masculine America was also getting started at this time but, argues the author, the period was one of intellectual and spiritual decline...