Word: timidity
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...Government's decision two weeks ago to intervene in foreign currency markets to keep the value of the dollar from sinking too fast has halted the rapid decline of the greenback, at least temporarily. But some foreign moneymen think that the U.S. is being too timid in buying up unwanted dollars. Meanwhile, the effort to bolster the buck is having unfortunate side effects. In order to make U.S. currency more attractive to foreign investors, the Federal Reserve Board has raised American interest rates another notch.* It boosted the discount rate, the charge imposed on Federal Reserve loans to member...
...British-born Costello may look a bit like Woody Allen with a guitar, but there is nothing timid about his music. With a three-piece band behind him, he blasts out a stream of riffs that recalls the piston rhythms of Chuck Berry, Bill Haley, Little Richard and the early Beatles. The songs are angrier than the soft rock that spun out of Southern California onto the record charts this year, and Costello sings them with a prophet's urgency. In the light of his sizzling reception on a just completed U.S. tour, the message seems clear: rock...
Whether a wider public appreciates such nuances of neutrality, or considers neuter journalism to be cautious, timid or dull, is harder to judge. It's not easy to be mutedly sensible in a medium so given to the brassy certainties of aging let-it-all-hang-out types, partisan politicians, sarcastic academic panelists and gabby talk-show hosts...
...face of this increasingly evident intransigence, the Carter administration's response thus far has been overly cautious, if not to say timid. Although symbolically significant, the U.S. agreement in the United Nations last week to a mandatory embargo on all military sales to the Vorster regime does not substantially alter America's official posture, which for over a decade has been voluntary refusal to deal arms to South Africa. The U.S. decision, meanwhile, to use its Security Council veto to block proposals for equivalent embargoes on trade and investment suggests that the Carter administration still holds out hope for bringing...
Penn (3-2, 4-3) prepared itself for the Crimson with a 21-10 victory over the suddenly timid Tigers. The Quaker wish-bone attack (about as exciting as watching stoplights change) motored for 331 yards, all via the ground, enroute to a new school season rushing record...