Word: controller
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Dates: during 1980-1980
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...however, many poor nations could not pay back their loans and faced national bankruptcy. That caused the IMF to step in. The IMF began to work to protect the international banking system; provide emergency loans to the insolvent Third World countries; and use the leverage thus gained to gain control over the debtor nations' economic policy and insure that all the loans will eventually be repaid...
This strategy dramatically increased the IMF's power in the international economic system. Banks began referring underdeveloped nations wanting loans to the IMF for its "stamp of approval." The IMF virtually began to run the Zairean economy, and control the economies of other Third World states, including Turkey, Peru and Jamaica. Even European countries, like Portugal, became dependent...
...longer has a capitalistic economy [April 21]. What we have instead is an aristocracy of Big Business-a handful of conglomerates that control every facet of American life. The American consumer no longer has a choice. Whatever "rose" I pick, the name turns out to be Mobil or Ford or General Foods...
When the rites were over, the inevitable question lingered: After Tito, what? For months, Western leaders had barely disguised their apprehension that possible instability following Tito's death could inspire the Soviets to try to regain control over a onetime satellite that had escaped Moscow's orbit. But on the surface, at least, calm and order prevailed...
Dershowitz told the students the protesters should be wary of calling the state in to silence speakers they disagree with, because the state traditionally uses such power indiscriminately. He warned that the government could use such power to prevent distribution of information about abortions and birth control...