Word: bank
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Dates: during 1950-1959
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...last the World Bank has gotten around to enacting Senator Mike Monroney's excellent proposal for an International Development Association. The new agency will supplement World Bank activities with easier, "softer" loans to underdeveloped nations. Recipients will be able to pay their debts to the IDA in their own local currencies, and they will later receive a second economic boost when this money is used by the agency to buy local products...
American authorities took a deplorably long time in awakening to the possibilities of this scheme, and even with Thursday's World Bank action Monroney's idea is far from realization. Details of the IDA's charter must still be negotiated, and since the United States must put up one-third of the initial funds, the whole plan can fall through if Congress withholds approval or appropriation of funds...
...which has been frozen, $250,000 is "still in Washington" and has not yet been received from the government. The bulk of the remainder is "in the bank" but has not yet been allocated...
...down." He also got a lot of it from doing. From 1920 to 1928 he was a League of Nations economics consultant, trying to make the economies of eastern Europe work. After two years in business in Sweden, he returned to Basel in 1931 as head economist for the Bank of International Settlements, from which he was chosen to head the Fund...
...your luck is good, King Romulus keeps saying, you can get away with anything, from the murder of a twin brother (Remus) to the rape of the Sabine women. While his ragtag followers, mostly brigands and landless peasants, build the new city of Rome on the left bank of the Tiber, Romulus keeps on talking. He is, he assures them, the son of the war god Mars, and was suckled by a she-wolf as a baby. As presented by British Author Duggan, that veteran rewrite man of ancient history (Winter Quarters, King of Pontus), Rome's founder...