Word: prop
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...butter shortage results from a chain of events. When the country suffered an overproduction of milk in 2006, the government ordered about 1,000 tons of raw milk poured down the drain and dairy cows slaughtered to prop up prices and defend local milk farmers. Dairy prices were then managed to retain their advantage to imported milk and butter, whose prices were inflated by tariffs. (To protect domestic butter, the tax on imported butter went up twice last year. There is a nearly 30% tariff on butter imports...
...grew up sailing and particularly likes the fact that Boston has so much water. The Winthrop House resident also serves as treasurer on the Winthrop House Committee. Outside of theater and house life, Jewett plays trumpet in the marching band. Not surprisingly, he also lends a hand on their prop crew. ––Ross S. Weinstein
When Chinese stock markets soared into nosebleed territory, quadrupling in 2006-07, Chinese mom-and-pop investors tried to convince themselves they would be spared bloody noses because Beijing was hosting the 2008 Summer Olympics. Feel-good investor sentiment surrounding the August Games, the thinking went, would prop up overvalued stocks, allowing time for revenues of booming Chinese companies to grow into their inflated share prices. When markets were peaking last fall, some investors predicted that the government would tweak the economy to keep it roaring during the Olympics year, and that if all else failed, China's regulators would...
...CONS: Yahoo's share price will continue to erode since it will be seen as a less-coveted property. While Yahoo could still seal a deal with AOL or continue to use Google's advertising network in order to prop up its revenue, the terms would almost certainly be less favorable for Jerry Yang and company...
...West Bank, Israel relies on a network of Palestinian collaborators and wide-scale arrests. Last year more than 6,650 suspected Palestinian militants were rounded up, among them, claim Israeli intelligence officers, 279 potential suicide bombers. (IDF troops perform another function in the West Bank. In effect, they prop up Palestinian President Mahmoud Abbas. Without the presence of Israeli troops, his advisers concede, the West Bank would soon fall to Hamas militants, just as Gaza did last June...