Word: wielding
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...driving the values of currencies up and down by ruthless manipulation. British Laborite George Brown once contemptuously dubbed speculators "the gnomes of Zurich." President Nixon last year damned them for "waging an all-out war on the American dollar." Who are the speculators? And how much clout do they wield in world money markets...
...think tanks. Americans are realizing that their government encompasses not only the executive, legislative and judicial branches, but a fourth branch of "brains" whose job is to think, analyze, determine and recommend. No one elects these "thinkers," and no analyst must defend himself before the public. Yet they wield and uncertain and highly explosive power: the ability to scientifically determine the present and even the future...
...bureaucratic bumbling and political waffling that afflicts nationalized industry in other countries. In Italy, state managers combine the prudence of the civil servant and the dash of the entrepreneur with chilling effectiveness. Usually indifferent to the trappings of authority and the dazzle of the spotlight, they nonetheless wield enormous power-often greater than that of many Cabinet ministers...
...Camps. For the first time, black voters and politicians have real political power in the Democratic Party and the luxury of several options on how to wield it. When preliminary meetings began last spring, black leaders were divided into two major camps. Georgia State Representative Julian Bond led a push to nominate black favorite-son candidates in each of the states where chances of increasing black delegate strength looked good. Bond and his supporters argued that state delegates committed through the first ballot to a black favorite son, combined with black delegates from other states, would present a formidable bloc...
...Russians and the Chinese when he's negotiating with them. If there is no foreign aid in the arsenal, you don't shoot as far." The simple assumption is that foreign aid makes friends for the U.S., and thus adds to the weight that Washington can wield vis-à-vis Moscow and Peking. If military aid to Cambodia and Viet Nam are cut back, the State Department suggests, it will delay American withdrawal from Viet Nam because the local military will not be strong enough to carry on alone. President Nixon has promised a new troopwithdrawal announcement next...