Word: banke
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Dates: during 1960-1969
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...that remained of Lai Bahadur Shastri was a small pile of ashes on the bank of New Delhi's Jumna River. Even as the nation mourned the death of its gentle leader, the search began for a successor. At week's end, as India's leading politicians huddled in one meeting after another, it seemed likely that the choice would fall on a candidate with a magical legacy in Indian politics: Indira Gandhi, 48, daughter of Jawaharlal Nehru...
...crowd as he rode along in an open, unprotected car (a rarity for any Latin American President). There, Díaz Ordaz promised technical assistance, preferential tariffs, private Mexican venture capital for developing Salvadoran industries. Also announced: a $6,000,000 loan to the four-year-old Central American Bank in Honduras...
...Simon had moved in to improve Wheeling, Canada Dry and McCall Corp., Hunter proposed that Simon-who knows the corporate-acquisition route better than he knows the way home from his own office-help block the invaders. Simon, on advice of friends at Pittsburgh's influential Mellon National Bank, accepted the invitation. Three Crucible directors stepped aside to make way for Simon men. Simon himself became Crucible's finance com mittee chairman...
...provided the ground for their hope. A sharp rise in gold hoarding abroad has sent shivers through Europe's finance ministries. The free world's official stores of gold-in national treasuries and in the hands of such international bodies as the Inter national Monetary Fund, the Bank for International Settlements and the Euro pean Payments Union-fell by $40 million during the first nine months of 1965. That was the first such drop in ten years. The IMF figures that the missing gold has flowed into the hands of rich speculators in industrial countries, particularly France...
Swift's insight still applies-246 years later-as few statesmen understand bet ter than the Group of Ten, a blue-ribbon panel of finance ministers and central-bank governors from Belgium, Britain, Canada, France, Germany, Italy, Japan, The Netherlands, Sweden and the U.S. The group will shortly meet again in Paris, with its sights set on reaching a compromise agreement by March...