Word: loosened
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...with approval. Velasco shut the universities, dissolved Congress and promised a shake-up of the Supreme Court, which has sided with his opponents in the tax-collection disputes. Many Ecuadorians hoped that Velasco's attempts to tighten tax policies and end private speculation in foreign exchange might help loosen the oligarchy's stranglehold on the country's economic life. The military took advantage of the takeover to crack and shave student skulls and to fill the jails with indiscriminate arrests. Among those seized was TIME Correspondent Mo Garcia, who was arrested without explanation in Quito and then...
...must recognize that each of us must give up something to save the nation. 1 may have to pay more taxes. The corporate president may have to spend more on pollution control. The suburban resident may have to temper his racial prejudices. The wage earner may have to loosen up access to his union. We have it in us to be a better people. It is a matter now of summoning the will...
...apartheid. Only last week, for instance, his government ruled that a retired soldier named Sam Dorkin had been reclassified as a mixed-blood "Colored" after 75 years of life as a white man; his army pension was reduced from $61 to $29 a month. Nonetheless, Vorster has managed to loosen some of apartheid's tight restrictions. He adopted an "outward-looking" policy of establishing trade and diplomatic links with a few black states in southern Africa, and he agreed to allow New Zealand's rugby team, including some native Maoris, to compete in South Africa...
Nixon has good reason to be hopeful that the Federal Reserve may soon begin to loosen its rein on the nation's money supply and credit. Presidential Counselor Arthur Burns, who was sworn in last week as Reserve Board chairman to succeed William McChesney Martin, has been the chief Administration advocate of stringent federal economies. Reason: he feels that monetary policy has been bearing too much of the burden in combatting inflation...
Whether the men who run the Soviet Union will loosen their control of the economy enough to make the reforms succeed is doubtful. Throughout Soviet discussion of economic reform runs an unstated but central theme: liberalization of the economy might lead to political heresy. In the view of some Western experts, the combination of economic reform and disintegration of Communist Party control in Czechoslovakia in 1968 weighs on the minds of Soviet leaders as they consider how far to go with reforms at home...