Word: lifted
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Dates: during 1970-1979
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...Abel Muzorewa will take office in Rhodesia. Since the bishop was the victor in seemingly free elections in which at least 60% of the country's blacks went to the polls, Washington and London face the agonizing dilemma of whether or not to recognize the new regime and lift economic sanctions against Rhodesia. After three days of talks in London between U.S. Secretary of State Cyrus Vance and the new British Foreign Secretary, Lord Carrington, the two governments last week reached a practical conclusion: for the moment, do nothing...
Last week savers got a powerful lift, and so did the cause of capital formation, when President Carter called for a phasing out of interest rate ceilings. This deregulation would have the additional effect of eliminating the differential between commercial banks and savings institutions. The President also recommended that all federally chartered banks be authorized to offer interest-bearing checking accounts. To offset some of the cost of the higher rates for the savings bankers, who lend out their money at long-term fixed rates, Carter suggested that they should be allowed to 1) make some shorter-term, higher-interest...
...vote only expressed the Senate's impatience over the Administration's handling of a highly complex subject, but it embarrassed the President nonetheless. Under the terms of the Case-Javits amendment, approved by the Senate last year, the President is obliged to lift sanctions against Rhodesia if he determines that the Salisbury regime has held elections that were free and fair and displayed a willingness to negotiate with the leaders of the Patriotic Front guerrilla organizations that are waging civil...
...Cuban President wants Mexico's help in persuading the U.S. to lift the economic embargo it imposed on Cuba in 1962. In a statement aimed at the U.S., Castro praised Mexico for an oil policy that had "clearly expressed that you do not propose to view Mexico's oil development as a part of North American oil needs." Castro drew a sharp contrast between the goals of his own trip and that of President Carter three months ago: "We haven't come to seek oil or gas, which seems to be the fashion these days...
...increased spending of the 35 to 44 group is expected to give a mighty lift to such key segments of the economy as housing, furniture, appliances, apparel, autos and financial services. Already this group spends 50% more than the average consumer for furniture and one-third more for appliances. John Widdicomb Co., a top-of-the-line furniture manufacturer, has increased its advertising to attract these people, while Chicago's John M. Smyth Co. retail furniture chain has expanded its interior decorating services to appeal to the more sophisticated customer entering early middle...