Word: offsets
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Dates: during 1990-1999
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...hold inflation at bay. Last week Greenspan blinked. In testimony before the Senate Banking Committee, he acknowledged for the first time that many banks are causing a credit crunch by being overly stingy in granting loans. As a result, Greenspan said, the Federal Reserve may act to "offset" the credit tightening by engineering a "modest" drop in interest rates...
...corporations has been a surge of exports. With the growing appetite for American goods, foreign sales of products as varied as minivans, jetliners and health-care products in the first four months of 1990 climbed 8.9% above the figure for the same period last year. The strong performance offset a 4.8% rise in imports and helped cut the U.S. trade deficit from its peak of $152 billion in 1987 to a current annual rate of $92.2 billion...
...this novel, based on a true story, Matthiessen is pretty good at mythmaking himself. From the evidence he gives, there is no reason to think the real Edward J. Watson was much more than a serial killer with trading smarts that were offset by lethal outbursts of meanness. But the reader doesn't see much of that side. Oh, Watson beats his son every Sunday and throws a half-caste mistress off his land when she becomes inconvenient. But the narrative, which is told in 36 short chapters by ten locals, mostly mixes awe and dread, along with a certain...
...that even the agreed upon START level of 10,000 warheads would leave the U.S. short, with "more targets than weapons available to strike them." General John Chain, commander of the Strategic Air Command, insists that he must have 75 B-2 Stealth bombers, each carrying 16 weapons, to offset the START limit on missile-delivered nukes. "Forty-nine hundred missile-carried warheads," says Chain, "are not enough to destroy the Soviet Union...
...biggest threat appears to be to highly leveraged foreign investors. Diamandis Communications, a subsidiary of French-owned Hachette, is looking to sell Woman's Day to offset Hachette's estimated $400 million U.S. debt. Murdoch's News Corp., reportedly $6.5 billion in debt, will soon begin experimenting with the venerable but faltering TV Guide, adjusting the magazine's iconic size and format in an effort to become more accessible and compete with proliferating local cable guides. Leslie Hinton, president of Murdoch Magazines, rejects speculation that foreign investors want out of the U.S. altogether. "Things go up and down," he says...