Word: asian
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Dates: during 1960-1969
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...Asian nations affected by Peking's nuclear explosion, India has the most to fear. Since Red China's humiliating walk through the Himalayas in 1962, the Indians have been obsessed by fear of renewed Communist aggression. Thus, though India was only recently the anti-nuclear Cassandra of the nonaligned world, the nation last week was earnestly debating whether to build A-bombs...
...Westinghouse. His is a rare operation; nearly 90% of the equipment sold in Southeast Asia is imported from the U.S., where Carrier, Fedders, General Electric, Admiral and York have created a profitable market by shipping domestic units with a special 50-cycle motor adapted to Southeast Asian current. Prices vary widely: in Hong Kong, window models are sold as low as $155; but in Saigon, where a 250% tariff is added, they cost more than three times as much...
...Western standards, he is. He controls the press, has jailed many opponents. But Ayub is really no more dictatorial than most Asian or African rulers, and more effective than many. After he seized power six years ago from a democratic but corrupt government, Ayub paternalistically promulgated the very constitution under which the general elections are being held. Among other things, Ayub's constitution allows women to run for office-something he may now regret. He developed a system of indirect elections called "Basic Democracy," under which voters are to choose 80,000 "basic democrats," or electors, who will cast...
...after four terms as Lebanon's Finance Minister. Others made fortunes overseas and then invested in banking-notably Toufic Assaf, chairman of the Bank of Beirut and The Arab Countries, who earned millions from a wholesale business in Venezuela, and Joseph Saab, who built a bundle in South Asian mining and exporting. Saab's Development Bank has introduced modern banking to Lebanon's peasant villages, opened 35 branches in the past three years. Says he: "In even the smallest village, farmers need credit and have money hidden in the ground or under mattresses...
...Sakhalin; a large part of Khabarovsk Krai and Amur Oblast; parts of Kirgizia, Tadzhikistan and Kazakhstan as far west as Lake Balk hash. This reinterpretation of geography would in effect push the Chinese border as much as 300 miles into the Soviet Union (see map). In a fit of Asian self-righteousness, Peking also demanded that Russia return to Japan the Kuril Islands. "To those who question the ownership of more than 1,500,000 square kilometers of Soviet territory," Pravda roared, "we say that the present borders have historical origins and are fixed through life itself...