Word: halting
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...Nissan and Mazda to open U.S. plants of their own. But last week the pioneering VW plant came to grief, a victim of growing competition in the American market. Volkswagen, whose U.S. sales have plunged from 162,005 autos in 1981 to 73,920 last year, said it would halt production at the Westmoreland site, its only American car plant. The factory will gradually phase out assembly of its two models, Jetta and Golf, putting 2,500 employees out of work by late...
...Soviet Union for two years, with the approval of British authorities. The high-temperature furnaces had the potential of producing an extremely light and durable fiber, carbon-carbon, used to improve the accuracy of intercontinental ballistic missiles. When the U.S. learned of the case, officials rushed to halt the deal. Though most of the order had already been filled, U.S. authorities prevailed on the British government to stop shipment of the vital heating elements that the Soviets would need to operate at least some of the equipment properly. When informed of the fiasco, the Thatcher government ordered the heating elements...
...make them strange bedfellows in a motel hell. You know, too, that much worse will follow as this misalliance uses all the modes of transportation specified in the title (plus such unnamed delights as a farm truck, a refrigerator truck and a bus that grinds to an unpleasant halt) in the desperate effort to get home. We are also aware of two agreeable things about Hughes. The first is that he has a nice, easy gift for unforced farce (see Ferris Bueller's Day Off). The other is that his teen romances (see Pretty in Pink) have always insisted that...
...budget summiteers hoped to reach agreement this week, and waiting any longer could push the financial markets into a deep funk. But for the moment investors took consolation in the temporary halt of the dollar's worrisome slide. In a calculated strategy orchestrated by Treasury Secretary James Baker in the wake of Black Monday, the Government has been allowing the dollar to decline. Baker believed not only that a lower dollar would help ease the trade deficit by making American goods more competitive but also that propping up the currency would force the U.S. to keep interest rates too high...
...some respects, the U.S. did. President Reagan gave verbal, albeit offhand, support for the dollar, helping halt the currency's plunge, which has alarmed governments from Japan to West Germany during recent weeks. Even more upbeat was the announcement that the U.S. trade deficit, the closely watched barometer of America's global competitive woes, improved by a gratifying degree during September. But at week's end the financial world was left holding its breath for what had been promised as the most reassuring development of all: a bipartisan agreement to cut the U.S. budget deficit. After three weeks of daily...