Word: outflowing
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Dates: during 1980-1989
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...recent months the Egyptian government has quietly begun instituting measures to save water. Since October, outflow from the Aswan dam has been reduced by more than 10%; irrigation water that once flooded more than 250,000 acres of rice fields, or 25% of Egypt's total production, has been cut off. To cope with the anticipated decrease in hydroelectricity, the government plans to add four new gas- and oil-fired electric generating plants to Egypt's overtaxed power system in the next year. Cost: $300 million...
...legal disputes. Among the charges leveled against Swaggart over the years, the most serious was a 1983 accusation that contributions to a children's aid fund went for other purposes. The operation was undoubtedly sloppy, since money raised went into the general fund, and only after 1984 did the outflow of children's aid match the $21.8 million in donations...
Reed was especially worried by the seemingly endless flow of fresh money to major Third World creditors. That cash outflow only served to increase the bank's vulnerability, creating a vicious cycle with which other major banks are also painfully familiar. To reduce that exposure, Reed in 1985 directed that Citicorp begin to build up its offsetting reserves. That year the bank set aside $1.2 billion. Last year the total jumped again, to $1.7 billion...
Perhaps the best weapon she could wield against the growing Communist threat would be an improved economy. As it is, her presence and her free enterprise policies have already restored a little business confidence. As capital outflow has all but halted, hard-currency reserves, down to only $200 million in February, are now back to $2 billion. Yet the economy is still in desperate shape and dependent upon outside aid, especially from the U.S. In Manila, more than one in every two people does not have a full-time job, and in the countryside, four children in every five...
What can be done, if indeed something should, to safeguard the center? M.I.T.'s Thurow believes the Government should take a stronger hand in helping industries improve the country's global competitiveness and halt the outflow of well-paying jobs. The Brookings Institution's Lawrence disagrees, recommending instead that the Government should make more of an effort to retrain and relocate workers whose skills have become unwanted...