Word: offsets
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Dates: during 1980-1989
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...beleaguered economies of Texas, Louisiana and Oklahoma, which account for 10% of total U.S. goods and services, are large enough to create a drag on the rest of the country. Major American oil companies have made billions of dollars in budget cutbacks, and that will at least temporarily offset the increased spending by other firms preparing for the good times ahead...
Japan, which imports 99.8% of the oil it uses, could save as much as $23 billion on crude this year, which will help offset the loss of export business it has suffered because of the rapid appreciation of the yen. Oil-using nations that are less well off will benefit too. In sub-Saharan Africa, lower expenses for transportation and farming could start to raise living standards after many years of decline. Some countries with state-owned oil companies, notably India and Pakistan, have so far refused to pass savings along to consumers, deciding instead to spend the money...
...half the risk of death of those who did little or no exercise. Moreover, the study showed that a lifetime habit of engaging in energetic activity three to four times a week could reduce the negative health effects of cigarette smoking or high blood pressure. It even partly offset an inherited tendency toward early death...
...appears, to work around that challenge rather than meet it head on. Gorbachev seems to have learned a lesson from the Great Euromissile Debate of 1983. The Soviet Union was dead set against the deployment in Western Europe of U.S. intermediate-range nuclear forces (INF), which were intended to offset Soviet SS-20 rockets already in place. Moscow pronounced the new U.S. weapons unacceptable and subordinated all other East-West business to a test of wills with Washington on that one issue. American steadfastness and NATO solidarity turned out to be stronger than Soviet bullying. When the U.S. missiles went...
That lively reception was rudely offset the next day in the southeastern city of Madras, where the Pope planned to meet with non-Christian religious leaders. Of the 300 invited, only 48 showed up. Embarrassed local church functionaries had to round up community leaders to fill out the audience. Later in the day, however, more than 500,000 people joined the Pope on a beach for a sunset Mass...