Word: banana
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Once known as "banana republics," five small nations of Central America-have a history of bad-neighborliness, with frequent border skirmishes and damaging trade barriers against one another's goods. But they are beginning to learn some important lessons of development through cooperation. Now grouped in a common market barely two years old, the five have lowered the barriers on a list of 1,000 goods ranging from farm products to automobile tires. Internal trade jumped 30% to $43.2 million last year, and new plastics, textile and chemical industries have sprung up to service a market of 11 million...
...Swiss cheese on rye (no mustard) and one banana are his customary lunch, but world-famed Architect Walter Gropius settled for champagne and caviar when some 40 colleagues turned out to surprise him on his 80th birthday. Best surprise of all to the prolific former chairman of Harvard's department of architecture was the appearance of an old crony, Finnish Architect Hugo Alvar Aalto, 65. When the two men were through toasting each other, Gropius opened a letter notifying him of an honorary Ph.D. from the University of Berlin. "Isn't that nice?" he said...
...troops-"Sneaky Petes"-have made dramatic progress in the north by winning over and training the dark-skinned, aboriginal montagnards. Though they have for centuries been victimized by the lowland Vietnamese, who contemptuously call them Moi (savages), 150,000 montagnards now belong to an aggressive, native force. Help for Bananas. Militarily, the decisive factor in the war to date has been the introduction of some 170 U.S.-piloted helicopter transports, which give the government's troops the advantages of surprise and mobility that had hitherto been the guerrillas' monopoly. The antiquated "banana" copters have become increasingly vulnerable...
...suffering from hypertension, a weak heart, a polyp in his digestive tract, asthma, and Allah knows what else. When eleven doctors converged at his bedside, things looked, from the outside at least, pretty grim. It turned out that Saud was complaining about his liver (his own remedy: banana puree in Chantilly cream with five scoops of ice cream for breakfast), and his blood, for which his doctors quickly ordered bottles of plasma as a precaution. Saud's spokesman reassuringly squelched the flurry of worry. "The doctors are there," he said, "not because the King is very, very sick...
...just $167. From 1956 through 1961, the country's gross national product inched ahead at a painfully slow 1% a year. During the Arosemena administration, it jumped to 2.5%, still less than the annual population increase of 2.8%, but at least a move in the right direction. Banana ex ports last year reached a record high of 34.5 million stems, and, thanks partly to Arosemena's austerity program, unfavorable balances of trade in 1960 and 1961 were reversed: 1962 exports climbed to $136.6 million; imports fell to $97.8 million. International monetary reserves, which had slipped to a risky...