Word: rescindment
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...states, forgoing meetings in such traditional convention cities as Chicago, New Orleans and Miami. Now comes a major backslider from that boycott commitment: the American Psychiatric Association. On the pretense that the A.P.A. should avoid involvement in any political issue, the group voted 5,679 to 4,461 to rescind its boycott policy...
...fund will not be identical to its existing one, nicknamed "the RAT." But Wall Street wags were talking nonetheless last week about a "cloned rat." Meanwhile, the Investment Company Institute, a trade association representing more than 200 money market funds, announced it would petition the Federal Reserve to rescind its order on the ground that the Credit Control Act of 1969 does not authorize such action...
...come home, the Administration is expected to take a number of steps to improve relations with Tehran. Said Carter at a White House meeting with magazine editors: "We look forward to a time in the future to have normal relationships with Iran." One possible move: the Treasury Department could rescind its freeze on the estimated $6 billion of Iranian assets in the U.S. or on deposit with American banks. Banisadr would like the U.S. to resume shipments of spare parts for Iran's sizable arsenal of U.S.-built sophisticated weaponry...
...International Olympic Committee is dedicated to keeping politics out of sports as it claims, perhaps it should rescind its own decision to exclude the South African athletes for political reasons. Has the committee not already set the precedent for political interference...
Hours earlier, the Parliament of Zimbabwe Rhodesia had met for the last time to rescind former Prime Minister Ian Smith's 1965 Unilateral Declaration of Independence and return the colony to British sovereignty under its former name of Southern Rhodesia. The Union Jack will not wave over Salisbury for long: after next spring's elections, the Queen's proconsul will hand over power to the new leaders of an independent Zimbabwe...