Word: worsens
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MACHINE GOODS. Foreign orders were strong through the spring for everything from typewriters to locomotives. But they are now off 9% from the summer peak and falling. The downturn is expected to worsen because economic forecasts for France, Germany's major customer for machine goods, are also rapidly darkening...
RECENT REPORTS from Cambodia indicate that living conditions under the faltering Lon Nol regime have become particularly grim and are likely to worsen if the U.S. maintains the current stalemate there. The problem for the U.S. is not a question of "mopping up" a messy aftermath of the war in Southeast Asia; it is a question of renouncing a policy of belligerent imperialism and cutting off aid to the head of the Phnom Penh government...
...carry out the program. In any case, as Heath quickly pointed out in the House of Commons, the government proposals are largely irrelevant to Britain's present problems: how to slow inflation and boost the economy at the same time. Conservatives charged that nationalization of oil would only worsen Britain's already serious balance of payments deficit, which is expected to reach $10 billion this year. Reason: buying majority interest in the American firms would only exacerbate the deficit by sending several billion dollars...
...United Mine Workers would stop digging coal next week, when their union contracts expire. A mine strike would reduce U.S. energy supplies more than the Arab oil embargo last winter did; it would cause factory shutdowns and layoffs in industries far beyond the coal fields, and it would seriously worsen the gathering recession. For a while, a strike had seemed almost inevitable. But late last week the outlook brightened a bit, and the chance improved for the nation to avoid a long, damaging coal strike after all-though at the heavy price of a settlement that will add to inflationary...
...minute blocked a $500 million sale of U.S. grain to the Soviet Union. Then Washington relented and announced that it would approve a Soviet purchase of about $380 million worth, apparently in the belief that the scaled-down deal would not siphon enough grain out of the U.S. to worsen American food-price inflation...