Word: bankes
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Dates: during 1970-1979
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...fortunes are dismal. With 194,000 active members, and 90,000 retirees to represent (peak membership: 600,000 in 1946), the U.M.W. is badly wounded. Three of the four pension and medical-benefit trust funds are broke. The union, which owns more than 75% of the National Bank of Washington (assets: $682 million), real estate in the capital and a Western fuel company, may have to sell some of its holdings. Perhaps most troubling of all, the U.M.W. is in a state of near anarchy, having overwhelmingly rejected its leadership's call to ratify the proposed contract. Says...
...such relative calm? For one thing, Oceana's rough reputation has always been a bit overblown. The bars are gone now, and the town's businesses consist mainly of a coal company store, a bank, two coin laundries, an AMC-Jeep dealership, Wanda's Beauty Shop, Roberts Motel and a Montgomery Ward catalogue office. "We have no bars, no parking meters and no coloreds," says Frank Laxton Jr., a used-car dealer and Oceana's mayor...
...impact on the talks between Jimmy Carter and Menachem Begin when the Israeli Premier finally makes his postponed trip to Washington, his third visit to the U.S. On the day after the slaughter, for example, Begin made it clear that his attitude toward the return of the occupied West Bank of the Jordan River had, if possible, hardened even further. A Palestinian state there, he declared, "would be a mortal danger to our people and to our country." Moreover, the question arose of just what effect the Sabbath massacre would have on world and U.S. attitudes toward Israel...
...costs for next year. However Harvard will cushion the annual blow by also increasing its financial aid awards so students on the bottom of the income scale will be able to cope with the increase. Those in upper income levels will probably just dip a little further into their bank accounts for fair Harvard without having to skimp much on spending elsewhere...
...WORLD BANK has estimated that at least 650 million people in the world today--over three times the total number of U.S. citizens--live on an annual income of less than $50 each. Another 2 billion people live in countries with an annual per capita income of less than $200 per year. While "the vast majority" of humankind worries about its daily survival, Americans worry about overeating...