Word: bankrupts
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Dates: during 1960-1969
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...announced. Spaak had recognized the Congolese government's claim to the stock portfolio but left vague the question of its future management. On the question of the public debt, Adoula agreed to pay; Spaak offered a sweetener of $20 million in commercial credit to Adoula's near-bankrupt government, plus another $3.6 million for development of a Congolese cotton industry...
Castro Reconsidered. Paz and Barrientos together could well reshape Bolivian politics. Over the past two years, while striving to put the near-bankrupt nation on a solid economic footing, Paz has drawn away from his more radical advisers. Barrientos, the only political figure since the revolution who is outspokenly antiCommunist, argues that the government should break off diplomatic relations with Cuba. If he has his way, Bolivia's decision to sever ties with Castro might lead to new consideration of such action by some or all of the other four hemisphere holdouts: Brazil, Chile, Mexico, Uruguay...
Outgoing Premier Alam had spent 19 months in office, taking over a bankrupt treasury from his predecessor and building up a foreign exchange balance of more than $100 million. Alam had also fought hard for the Shah's "white revolution," which is aimed at bettering the lot of Iran's desperately poor 16 million peasants, while curbing the absentee landowners and mullahs (Moslem priests), who bitterly oppose all reforms. But Alam, an old personal friend of the Shah, had come to power in the awkward period in 1962 when there was no Majlis (parliament), and the Shah ruled...
...obviously buoyed up by a feeling that he is gaining on Goldwater, last week campaigned hard in New Hampshire with his expectant wife. In a tough statement issued at Keene, Rocky hit again at Goldwater's scheme to make social security a voluntary program. Said Rockefeller: "It would bankrupt the social security system and be a personal disaster to millions of senior citizens and their families." Despite zero temperatures, Rocky clutched hundreds of hands and rattled off a spate of quick speeches to shivering but receptive crowds. Always easygoing and folksy, Rockefeller engaged a platoon of little boys...
Ever since his bestselling The Education of American Teachers appeared last fall, James B. Conant has been under heavy fire from teachers' groups - and with good reason. The main target of Conant's book is the "bankrupt" system of teacher certification by which states dictate what courses a potential teacher must take in college to get a public-school license. The result, he charged, is that colleges are forced to teach insipid "Mickey Mouse" courses that turn out uneducated teachers. Conant's solution: abolish the state rules, free colleges to upgrade teacher training, make classroom performance...