Word: thwarted
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Political obstacles may thwart economic reform in the former Soviet republics, said a prominent Russian economist at the Kennedy School of Government last night...
...January fell for the third month in a row. While the trade deficit for the month did shrink to $5.77 billion from $6 billion in December, that was largely because of fewer imports. To no one's surprise, the biggest trade imbalance in January was with Japan. But to thwart any hard feelings, Tokyo said it would lower the maximum number of autos it can sell annually in the U.S. by 28%, from 2.3 million to 1.65 million...
Israel voiced no public reaction. Privately, however, officials are furious at American inability or unwillingness to thwart what they are firmly convinced was a deliberate mission to deliver the missiles to their archenemy. "What kind of garbage is this?" asked an Israeli government official. "The U.S. doesn't have the ability to stop a North Korean ship? Either it wants to or it doesn...
...England U2 promoters only sold tickets over the phone, a move designed to thwart scalpers...
...issue its own new currency in April, and Moldova and Kazakhstan are planning to print new money as well. Such defections will flood Russia with ever more rubles as the neighboring republics begin exchanging the shaky currency for their own coin of the realm. The torrent could in turn thwart Russian attempts to stabilize the ruble at home...