1.   Western fears in general were receding that the USSR might be tempted to launch a pre-emptive attack before Nato had developed into an effective military force.

2.   Interest rates of all types have been falling as the economy slows and inflation fears recede.

3.   Now, with better-than-expected harvests, those fears have receded.

4.   That fear has receded as American investors shrugged off the tribulations of the battered Asian economies and sent shares on U.S. markets to record highs.

5.   The threat of Central Bank intervention initially kept the dollar in check, but the fears receded and the dollar advanced strongly in late trading.

6.   The stock market opened higher Monday morning, helped by the perception that inflationary fears are receding.

7.   Until security fears recede, people like Jericho resident Issam Mahmoud do not expect the closure to be lifted.