Word: tightening
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...British response has been to tighten security and try again for a political solution to the Ulster conundrum. Margaret Thatcher's Tory government has installed a trio of new commanders in Northern Ireland, headed by Britain's famed spy master, Sir Maurice Oldfield, as supreme "security coordinator" for the area. There is a new level of cooperation between Dublin and London on security measures, notably in a secret agreement that allows helicopters of each side to overfly borders for up to ten miles in pursuit of terrorists...
...foul-up was not amusing to people who lost millions during October in stocks and bonds. When the overly inflated money numbers were first published, markets plunged for fear that the Fed would rapidly tighten credit and push up interest rates. The nation's central bank responded on cue by draining reserve funds from the banking system...
Earlier in the season, the Crimson easily topped the Tigers, 4-0, and Malekoff said that the only way his team could beat Harvard today would be "to tighten up and not make any mistakes...
PERSONAL LOANS: In many states interest rates on loans to buy a car or boat, finance a vacation or "for any worthwhile purpose," as the bankers say, have long been as high as the law allows-13.38% in New York on a three-year car loan. But bankers will tighten standards for receiving such loans; some say they will scrutinize a borrower's "relationship" with the bank. Translation: if you don't already have a savings or checking account there, don't bother asking for a loan. Bright spot: student loans will continue to be available...
...inches of mush and slush in the Virginia and Maryland suburbs, Carter headed for the welcome 85° heat of Albuquerque for a closed meeting of Governors of nine Western states. Though the airport crowd of 1,000 was generally friendly, the placards were mixed: WASHINGTON, TIGHTEN YOUR BELT-I'M LOSING MY PANTS, WELCOME TO AMERICA'S ENERGY POLICY-JUST DON'T BREATHE (a reference to Albuquerque's air pollution problem), and TEDDY LOVES...