Word: banke
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Dates: during 1960-1969
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...Finished Forever." The sizzling Yemen war seems to have ended any hopes for a reconciliation within the Arab world. Last week King Feisal canceled the licenses of two Egyptian banks in Saudi Arabia-the Bank of Cairo and the Misr Bank-and Nasser retaliated by confiscating all of Feisal's Egyptian property, which is valued at about $47 million. In a setback for Nasser, Tunisia broke diplomatic relations with his puppet republican regime in Yemen, saying that the Sallal government no longer has power to govern the country...
...foreign exchange earnings. The economy-and the country-was about to grind to a halt. Then President Carlos Lleras Restrepo went on nationwide TV and announced that he had averted bankruptcy by arranging for a $200 million stand-by credit with the International Monetary Fund, AID and the World Bank...
Lleras' biggest battle, however, has been to keep Colombia's economy going in the face of price drops not only of coffee but also of Colombia's banana, sugar and cotton exports. In November, the IMF, the World Bank and AID agreed to grant a stand-by loan that would give Colombia time to diversify and lessen its dependence on coffee. But there was a catch: Colombia had to devalue its peso, a move that would be highly unpopular. Lleras flatly refused, stirred up nationalistic fires in Colombians by informing them that "the governing of the nation...
...last year 331 prisoners lingered on death rows across the country, but few if any of them are likely to join the 3,856 Americans (including 32 women) executed since 1930. The Federal Government has carried out only one execution in ten years, now has only one pending (Nebraska Bank Robber-Murderer Duane E. Pope). Says Michigan's Senator Philip A. Hart, sponsor of a bill to abolish capital punishment for federal crimes: "The death penalty is a symbol of a dying order of vengeance...
...problems, from industrial inefficiency to the technology gap. In freeing gold and the franc, De Gaulle also undercut the deeply ingrained instinct that has made France a nation of hoarders and smugglers. Restrictions on money leaving the country had sharpened the Gallic impulse to spirit cash into secret Swiss bank accounts or bury gold in gardens and mattresses. Les hirondelles, the friendly black marketeers, could scarcely believe what happened last week: at a stroke, De Gaulle had all but wiped them...