Word: businessmen
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Dates: during 1950-1959
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...dismissal, retirement or demotion. Even the top officials heading the screening committees were themselves investigated by a Cabinet committee made up of the Foreign Minister and the Ministers of Law, Interior and Finance. Next in line for a thorough checking of their activities since 1947: Pakistan's politicians. Businessmen, currently operating under a promise of amnesty, have wisely poured into Pakistan tax offices to make a clean breast of their affairs and have forked up an astonishing $6,300,000 in back taxes...
...agreement. A few days later, to get the new era off to a brisk start, Moscow sent Mikhail ("Smiling Mike") Menshikov to Washington to replace dour Georgy Zarubin as ambassador. During 1958 the U.S. sent to the U.S.S.R. 82 separate exchange projects with 953 members-scientists, engineers, artists, entertainers, businessmen, farmers, athletes-and the U.S.S.R. sent to the U.S. 68 projects with 516 members. The cultural-exchange mood boomed the flow of U.S. tourists to the U.S.S.R. from some 4,000 in 1957 to an estimated 15,000 this year (TIME, June 22). No longer do Russians gape...
...Bermuda businessmen, long reluctant to jeopardize revenue from discrimination-prone U.S. tourists, last week let down most of the island's social color bars. Top hotels-Belmont Manor. Castle Harbour, Princess, Elbow Beach. Inverurie, St. George-announced their intention "to accept reservations for dining, dancing and entertainment from local residents without discrimination," and to allow visiting (but not resident) Negroes in rooms. Most smaller hotels, nightclubs and restaurants followed suit; movie theaters abandoned segregated seating. Bermuda's 28,000 Negroes (in a population of 45,000) won their new gains through a boycott of movie houses. White Bermudians...
...Austerity Czar. Frondizi went on to consult with big businessmen, stockbrokers, landowners, bankers-the group Argentines call the fuerzas vivas (productive forces)-and announced a new Cabinet. Key man, as Minister of Economics, was Alvaro Alsogaray, 46, a tough, bouncy free enterpriser in the Ludwig Erhard mold. Said he to Frondizi: "I will carry out your austerity plan, but with my own methods and my own team...
...shape of earnings from shipping, banking and insurance overseas, British economists feel that their balance of payments actually shows a surplus. Said jubilant Sir David Eccles, president of the British Board of Trade: "An excellent show. This is due to the vigorous search for markets abroad which our businessmen made when home trade was not so good. Now they will be able to sell more at home and abroad...