Word: slashed
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Dates: during 1980-1989
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WASHINGTON -- The Democratic-controlled House Budget Committee pushed aside Republican complaints yesterday and approved a fiscal 1987 budget that would slash military spending, freeze or trim most domestic programs and embrace a tax increase to reduce the deficit...
LATIN AMERICA. Mexico is No. 1 on the list of endangered energy exporters. It earns 70% of its foreign exchange from the sale of oil, and this year's price declines will slash revenues by about $6 billion. That could make it virtually impossible for the cash-strapped country to meet payments on the $97 billion it owes to foreign countries. Some economists now estimate that Mexico stands an 80% chance of defaulting on its mountain of debt. Several experts say that conditions are already more dire than in 1982, when a temporary Mexican default sent ripples of panic through...
...odds of finding more oil are declining at the moment because tumbling prices have forced oil companies to slash their exploration and drilling budgets. Last week Ohio-based Standard Oil said that it will spend only about $450 million this year looking for crude, a 50% cut from 1985. The cutbacks affect not only the U.S., but also the allies from which it buys oil. In Britain's offshore fields, observes Petroleum Intelligence Weekly, "concern is starting to center on a spending slowdown that could leave the North Sea industry ill equipped to pick up again...
...Slash-Happy...
...referees are looking for me," Blair adds. "They know my style of play. I still get the odd slash here and there. It's more or less me getting smarter. They're not catching...