Word: slackly
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...attempt at Tokyo will be to devise a joint three-pronged strategy to 1) cut consumption in order to reduce imports, 2) spur greater effort in developing alternative energy sources, and 3) form a united purchasing front. If forceful joint action can be decided in all three areas, some slack could be reintroduced into the world oil market and some sanity returned to its pricing. In Paris last week, "Sherpas"-the foot-slogging diplomats and economists who have been preparing the climb to the summit for four months-were still poring over a number of possible actions. Among them...
...most other industrial nations have escaped the supply problems that are troubling Americans, but that is beginning to change. Oil consumption in Japan, which grew last year by only 1.5% because of slack in its economy, is now climbing at 5% annually. Japanese officials expect a supply shortfall of perhaps as much as 5% by midsummer. Even Britain, whose oil output from the North Sea is already 1.5 million bbl. daily and climbing rapidly, is experiencing sporadic but spreading shortages at the pump. Last week West Germany as well suffered its first gasoline delivery cutbacks...
...modern politician. Carter has not scored that well since his election. In terms of international prestige and influence, West Germany is certainly a nation on the way up. Many West Germans believe their country's ascendancy is due partly to a conscious decision by Schmidt to take up the slack of what he has perceived as weak U.S. leadership that has diminished global confidence in the Carter Administration...
...narrow Tory margin suggested that Canadian voters were tired of Trudeau but uncertain about Clark's ability to handle the country's problems. The economy has gone slack; inflation is nearly 10%, and unemployment hovers...
...that ten years of hard political toil have carried him to the top, Joe Clark is not likely to slack...