Word: restraining
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Villegas expects the Marcos regime to survive the uproar, but the economist predicted that a weakened government will be forced to restrain public spending and agree to economic reforms. Marcos may have to dismantle the sugar, coconut and grain monopolies headed by the President's cronies. If substantial reforms go through, Villegas predicted, the Philippines could climb back to a 1% growth rate by the end of next year...
...Republican President since Calvin Coolidge in 1925 has enjoyed a stock rise in the year after being elected or reelected. Democratic winners, in contrast, have experienced five up years immediately after elections and only three downers. The apparent reason for the difference is that Republicans have tended to restrain Government spending and thus slow the economy, while Democrats have often pursued expansionary policies...
...prices at a time of continuing glut. The Saudis helped restore temporary calm by keeping their production low. As an added measure, Sheik Ahmed Zaki Yamani, the Saudi Arabian Oil Minister, jetted around the globe to such non-OPEC countries as Egypt, Malaysia and Mexico, urging those governments to restrain from giving discounts or increasing production...
...United States as well. It beckons us away from our propensity to peddle force--unsuccessfully--as the only solution to the many problems of Central America, security and otherwise. Meanwhile, the United States should stick with Duarte in El Salvador and urge perseverence on him in his effort to restrain the extremists in his military. Moderation is in short supply, and unless we wisely use what little is left, we will help condemn the Central American people to decades more of violence, misery, and poverty...
...nuclear arms, but not abortion? Last week Senator Kennedy, in a speech that marked his official entry into the debate, explained, "Issues like nuclear arms are inherently public in nature ... the church can persuade an individual not to have an abortion; but the church cannot persuade an individual to restrain the nuclear arms race. By its very nature, this is a choice that belongs to the state." So, "to give effect to the moral values of their creed," it is legitimate for churches to influence the state on nuclear weaponry but not on abortion...