Word: adee
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Dates: during 1960-1969
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...they can be made repayable partly or wholly in the currency of the borrowing nation. Interest on normal loans will be a maximum of 6%, low by Latino standards; on special loans the rate will be as little as 3%. The new bank bears little beneath-the-façade resemblance to the other development outfits that the U.S. is caught up in. Public Law 480 sells U.S. surplus agricultural products for local currencies, then lends back the payments for development. The Export-Import Bank makes loans exclusively for the purchase of U.S. equipment and commodities. The International Co operation...
...four hours of conference-table talk and over after-dinner cigars and coffee, der Alte hinted at diplomatic concessions sure to make Britain's mouth water. Ade nauer seemed willing to slow down the pace of the Common Market tariff changes, even ready to discuss the knotty "special problems" such as preferential Commonwealth tariffs, which the British claim make it impossible for them to join the Common Market in its present form. Nothing was settled, but technicians on both sides set to work seeking areas of compromise. "They've put a good deal of water in the Common...
...first siren whoosh of the commercial jetliner not only changed man's notion of time and travel by shrinking the earth some 40%, but set off an earth-bound revolution that is transforming the whole façade and function of the jet age's gateway: the airport. Nations and cities are taking a searching second look at the airports that served the piston-plane age -and finding them wanting. The result is an immense worldwide building boom to adapt them to the new and challenging problems-for pilots, passengers and cities -of the 600 m.p.h. jet planes...
...claim to being its spiritual center: Jerusalem's Church of the Holy Sepulchre, which encompasses the supposed sites of Jesus' crucifixion, burial and resurrection. The thousands of pilgrims who seek it out every year find the church little more than a musty ruin. The southern façade is some 6 in. out of plumb, held up by a cat's cradle of iron shorings erected by the British in 1935. Under the crumbling vaulting of the south transept, a scaffold has been put up to protect tourists from falling masonry. The facing of Christ...
...country's most respected old Boers who broke the façade of Nationalist unity. Henry Allan Fagan, 70, until last year chief justice of the Union's Supreme Court, is both the country's most eminent jurist and its best-loved Afrikaans author; his novels and verse are found in practically every veld farmhouse. In a book published early this month, called Our Responsibility, Fagan pronounced Prime Minister Hendrik Verwoerd's rigid apartheid "hopelessly impractical," and pointed out that the government has found it "impossible" to carry through "the mass withdrawal of [ black] labor from...