Word: propped
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...markets for oil, where tanker-size shipments are traded on a day-to-day basis, normally bustle with buying and selling. Last week, however, they seemed almost paralyzed by uncertainty. Only a fortnight ago, the Organization of Petroleum Exporting Countries had failed to reach agreement on a plan to prop up oil prices by curbing production. That dramatic breakdown induced a kind of suspended animation. The cost of crude seemed sure to fall, but no one could be certain how far or how fast. While a few oil producers made their opening moves last week, others held back...
Dealing with the deficit is of crucial importance not only to a U.S. recovery but also to the economic health of the entire world. High U.S. interest rates prop up rates abroad as well, and the onerous cost of carrying loans has brought nations with large foreign debts dangerously close to bankruptcy...
...sounds like a rural version of the coals-to-Newcastle bit: giving farmers wheat, corn, rice and cotton. In fact, the payment-in-kind (PIK) plan unveiled last week by Agriculture Secretary John Block is an intriguing idea that just might reduce bulging Government stockpiles and prop up depressed farm income...
This view reflects a narrow conception of what is important to students. As people who have lived all our lives under the threat of nuclear annihilation, and as residents of a nation which spends a great deal of money and effort to prop up unpopular and democratic regimes around the world, we can hardly avoid being concerned with these issues. The claim that these issues are too complex for local or state referenda, or even for the average citizen to deal with at all, is simply a device to prevent Americans from using the most effective democratic institution available...
...turmoil of El Salvador, Nicaragua and Guatemala, the President will visit none of those countries, though he will meet briefly with Salvadoran President Alvaro Magana and Guatemalan leader Gen. Efrain Rios Montt in Honduras. The U.S. is spending several hundred million dollars a year in military assistance to prop up governments in El Salvador and Guatemala and to topple the Sand inista regime in Nicaragua. Costa Rica and Honduras, concerned by the Nicaraguan arms buildup, are diverting more and more funds to the military. Most of this money could be put to more productive use as a stimulus for Latin...