Word: asia
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Dates: during 1960-1969
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...thick of two Asian wars, handsome "Johnny" Johnson came away with a dazzle of decorations and the single-minded conviction that the American soldier must be hardier, wilier and brainier than ever before if he is to win the kind of war that the U.S. faces in Asia today. "Johnson's spirit of intellect and leadership," says the 1st Air-Cavalry's Brigadier General Richard Knowles, "is felt by every private in Viet...
...diaphenylsulfone), normally used in leprosy. Another is a new, long-acting sulfa drug, Fanasil. Malariologists are running tests with prison volunteers to see whether DDS or Fanasil can be used, probably in combination with pyrimethamine, to beat back the chloroquine resistance of falciparum parasites in much of Southeast Asia...
Centuries of strife and poverty have made enmity a habit and cooperation a rarity in Asia. Last week the Asians took a giant stride away from the old ways and toward a spirit of mutual help. Meeting in Manila, 160 delegates from 26 nations (18 of them Asian) put the finishing touches on the long-needed Asian Development Bank launched in October in Bangkok. After intense but polite lobbying on all sides to win a nod for the location of the new bank's headquarters, the Asian delegates unexpectedly settled on Manila...
Historic Moment. The bank is not only Asia's first common banking venture, but one of the very few joint ventures of any kind brought to fruition in Asian history. Burma's U Nyun, executive secretary of the United Nations Economic Commission for Asia and the Far East, sensed a historic moment as he troweled cement onto the cornerstone of what will become a ten-story headquarters building. "When historians look back from the future on this structure-to-be," he said, "they will say that it was the new financial temple of Asia." Eugene Black, former World...
...bank, a regional version of the World Bank, will fight Asia's crushing poverty by financing such sinews as industry, power, roads and transport. Jetting around the globe, teams led by gaunt Cornelio Balmaceda, the Philippines' Commerce Minister, have raised $936 million in capital for the banking marriage of East and West. Asian governments, which will control the bank, supplied $641 million of that money, the U.S. another $200 million. Europe left the bank shy of its goal of $1 billion in capital by pledging a disappointing $70 million; France and the U.S.S.R. stayed out, and Britain offered...