Word: marginals
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Dates: during 1970-1979
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Despite the narrow margin, it was clearly a major victory for President Carter's foreign policy. Since the Senate had voted one week earlier to lift the embargo, full-scale arms transfers to Turkey can resume shortly. The embargo originally had been imposed to pressure the Turks to withdraw their troops from Cyprus, which they had invaded in 1974 to protect the island's Turks from the Greek majority. But the arms ban accomplished little except to damage Turkey's ties to NATO and aggravate the country's domestic political instability...
...parties running virtually neck-and-neck; this is a triumph of sorts for Labor, which two years ago was trailing by 22 points. A key question for the government, however, is the future electoral fate of the faltering Liberal Party, whose 13 M.P.'s provided the margin of victory for Labor on numerous key votes in the 635-seat Commons. Last week the Liberals were dealt a staggering blow outside Parliament (see following story), which made their balloting prospects look even bleaker. If the Liberals lose more ground, most of their disaffected supporters are expected to back the Conservatives...
...dollar itself. Schmidt's proposal features two devices: 1) a so-called boa of currencies, which would have more leeway than the old snake to let weaker currencies, such as Britain's pound and Italy's lira, initially move up and down within a broader margin than the stronger currencies; and 2) a kind of "mini-IMF" of pooled reserves from which the members could automatically draw funds to support their currencies and deter speculation...
...another study, Frieden managed to delude some students into thinking they were masochists. Asked to choose between the tape and the shock, they picked the shock by a significant margin. Three-quarters of the shock group even agreed to eat a dead worm Frieden dangled in front of them. The reason, he thinks, is that they were anxious to learn if they were indeed masochists. In general, Frieden concludes, it is surprisingly easy to push normal people toward masochism. Says he: "When feeling bad about themselves, people actively choose to suffer." The good news is that none of the students...
...these two tycoons get together and plan an intricate deal to make each other happy. That's legitimate in the business world; but then the NBA, supposedly the organization with its sights set towards sports first, steps in and approves this self-centered swindle by a 21-1 margin...