Word: weakens
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Dates: during 1980-1989
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Some surplus grain will continue to hang over markets and may weaken prices later. In fact, a glut had weakened prices before the embargo. Despite that block, Agriculture Secretary Bob Bergland expects U.S. grain exports to rise from 93 million tons in fiscal 1979 to 99 million tons this year. But if need be, the Government still has plans to buy as much as 14 million tons of the embargoed grain. Farmers are also being given more financial incentives to store grain, and the Administration is considering paying them not to plant...
Because inflation continues to weaken the dollar, members of the OPEC cartel are now actively considering pricing their petroleum not in greenbacks but in a basket of stronger currencies, including West German marks. This would cause demand for those currencies to surge and the dollar to drop. Then, of course, OPEC would argue that the U.S. must pay even more...
...North Korean's offer of reunification "would weaken the argument used by South Korean leaders to strengthen their already too-heavy military," Wagner added, thereby giving encouragement to the country's populist movement in the proposed upcoming popular elections next year and creating a chance for more inner turmoil...
...trade embargo would still have a symbolic importance, underscoring Iran's diplomatic isolation from the rest of the world. But punitive measures might endanger the hostages: according to some officials in the Iranian government, they would weaken the position of moderates on the Revolutionary Council...
...Federal Reserve now controls about 70% of all bank deposits, but its leverage could weaken greatly if many more banks withdraw from the system. Senate Banking Committee Chairman William Proxmire and his House counterpart, Henry Reuss, have proposed dealing with the situation by enacting mandatory reserve requirements for all financial intermediaries (including thrift institutions) that accept checking accounts, thus nullifying the edge that non-Fed members now enjoy. That could permit reserve requirements to be reduced for everyone. But Congress must act soon. At present, nearly 600 banks are thought to be considering fleeing the Fed. If they do, scores...