Word: ambassadors
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Dates: during 1950-1959
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Pittsburgh. The reason you may notice in the addition to the adjoining masthead : TIME is opening a new U.S. news bureau, the eleventh to be established since TIME'S first permanent editorial outpost was set up in Chicago in 1929 (before that, Henry Cabot Lodge, now U.S. Ambassador to the U.N., had been a part-time correspondent in Washington). Don Connery is the new Pittsburgh bureau chief...
...this, thought former U.S. Ambassador to India John Sherman Cooper (now Republican candidate for U.S. Senator from Kentucky), would give the Indians a hedge against crop failure and inflation, save their foreign exchange and their funds for industrial development, and generally help to bolster the Indian economy. The agreement assures other free-world countries that they will not be deprived of Indian markets, provides India with enough purchasing power to maintain her normal imports of agricultural commodities from Canada, Denmark and New Zealand. As for the Indians, New Delhi was as cool and silent as Indian officials...
...tying up of Egypt's sterling accounts is already starting to hurt. Last week Saudi Arabia eased things a bit by putting up $10 million for Egypt's use against an equivalent sum in Egyptian pounds, and Nasser and his Finance Minister talked long with Russian Ambassador Kiselev about more help from the Soviet bloc. The No. i problem: paying for the 600,000 tons of wheat Egypt must import in the next nine months. Buying it as usual on the world market would use up $47 million, or half of all Egypt's unblocked dollar assets...
Attending Venice's 17th International Film Festival, two celebrated women from different worlds met on the city's fashionable Lido, and as they grasped hands, photographers hastened to record the event. The women: Italian Movie Star Gina Lollobrigida and U.S. Ambassador Clare Boothe Luce...
Died. Douglas Maxwell Moffat, 74, pince-nezed U.S. Ambassador to Australia (since February), Manhattan lawyer, onetime (1953-55) member of the New York Transit Authority; of a heart attack; in Sydney, Australia...