Word: africanization
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Dates: during 1960-1969
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...students filed out slowly, passed under the brilliant television lights, and chanted, "Black black power to the African people...
...political prisoners in 60 countries, Amnesty International last week nominated its first "Prisoners of the Year." Those selected: Eleni Voulgari of Greece, who was sent to prison for ten years by the Greek junta for sheltering her Communist brother-in-law; Daniel Madzimbamuto of Rhodesia, an African nationalist leader who was imprisoned without trial four years ago; and Larisa Daniel of the Soviet Union, wife of imprisoned Russian author Yuli Daniel, who was sentenced herself in 1968 to four years of Siberian exile for demonstrating against the Soviet policy of "fraternal aid" to Czechoslovakia...
...September at the age of 76. In his will Tannahill made his personal choices public by giving his favorite museum a last and most munificent gift: his multimillion-dollar private collection, including a life-size Renoir nude, seven Cezanne oils, five major Picassos and an important collection of African sculpture...
Squeezing South Africa. The falling gold price puts South Africa in a particularly uncomfortable position. South African mines provide 77% of the non-Communist world's gold output, but as part of a 1968 pact, central banks agreed to stop buying the metal. That strategy was intended to force South Africa to sell all its gold on the free market, thus depressing the price. South Africa tried to break the embargo but found only Portugal and some Middle East sheikdoms willing to risk the wrath of the major monetary powers by purchasing newly mined gold...
...South Africa's trade deficit is growing. The country must either sell more surplus gold to pay for imports or reduce them and invite domestic inflation. Some European bankers have been urging the U.S. to relax its opposition to South African gold sales for official reserves. Washington has rebuffed that idea, but last week Paul Volcker, Treasury Under Secretary for Monetary Affairs, suggested that if South African trade deficits grow to worrisome proportions, the country might instead sell some gold to the International Monetary Fund. After all, the IMF's main mission is to promote stability...