Word: stiffening
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...Francisco Federal Reserve Bank apparently helped stiffen the resolve of the lenders, many of whom have substantial loan problems of their own. Moreover, the New York Federal Reserve branch telephoned banks in its region that were considering joining the lending syndicate to tell them that their participation would be welcomed...
...harsh news of British losses at sea only seemed further to stiffen the resolve of Prime Minister Thatcher. Aides described her as being completely confident of her position, completely in command of herself. The personal traits that have made her so many political enemies?her combative nature, her refusal to bend to indecision or doubt?had singularly suited her to fulfilling the role of a wartime Prime Minister. General Galtieri may look haggard and Foreign Secretary Pym troubled, but Thatcher, close up, showed not a bit of strain. Her firm, clear voice ringing through the House of Commons, she defended...
...first real confidence in more than a decade that inflation is being seriously attacked. The President's tough stand on wages, for example, evidenced by his firing last August of 15,000 professional air traffic controllers for their illegal strike action in a wage dispute, has already helped stiffen the resolve of employers in contract talks. Wages and benefits account for some two-thirds of all U.S. business costs, and the emerging pattern of wage restraint in key industries, such as autos, trucking and airlines, strongly suggests that the slowdown in inflation is now beginning to chip away...
...current maximum penalty for falsifying a tax return is a fine of $10,000 and five years in prison. Republican Senators Robert Dole and Charles Grassley, have introduced a bill that would stiffen reporting requirements and add some large new fines. At present, its prospects look...
...press conference confirmed his decision: he will put off all consideration of tax boosts until January. Meanwhile, he will press for a further cut of 12%, or $13 billion, in fiscal 1982 spending on top of the $35 billion reduction already passed. Said the President: "This Government must stiffen its spine and not throw in the towel on our fight to get federal spending under control...