Word: buying
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Dates: during 1960-1969
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Undaunted, Latin Americans simply take their escalations elsewhere. "If the U.S. is not willing to sell us the planes we need," shrugged Peru's President Fernando Balaunde Terry, "we will buy them from any other country willing to sell to us." And possibly cheaper, since Europe is hungry for the business. The Swedes are offering the Saab Draken fighter for some $700,000, compared with $900,000 for Northrop's slower (Mach-1.3) F-5 Freedom Fighter (see U.S. BUSINESS). Brazil claims that five-year terms are the best it can get in the U.S.; the British...
...recent years, the American Stock Exchange has more than lived down its old scandal-tinted image, but Wall Street conservatives still regard the Amex as a place where speculators seek action in risky, low-priced shares. Last week, in the first study ever made of investors who actually buy and sell there, the American Exchange looked like quite a tame market place. Based on a survey of 8,000 stock trading deals last May 25-a relatively quiet day in the market-the A.S.E. reported that: > Institutions such as banks, insurance companies and pension funds-whose securities business has been...
...tightly knit little in-group, and virtually meaningless to anyone else. The beasts of the tale were the actors, administrators, and friends of the Loeb Drama Center. The pageant was the Loeb's great Shakespeare Festival, a project which had already alienated or attracted enough people to buy up Beasts' full press...
...have a stable of 40 to 50 young fighters," he says. "I want them from every race and creed, from all over the world." Benbow plans to build a woodworking plant on his ranch; his boxers will spend their days turning out "the finest cabinets a man can buy," do their training evenings. He already has advertised for applicants in The Ring and claims to have received 50,000 responses-including one from a would-be boxer in the South Pacific islands of Tonga who stands 6 ft. 2 in. and weighs...
With his own franc weakening on world markets, General de Gaulle has suspended his offensive against Fort Knox-for a while. He had been consistently chipping away at U.S. gold reserves by buying bullion with the dollars that France earns from trade and tourism. In October, for the first time since early 1965, the French failed to make their regular monthly conversion of $34 million into gold. Reason for the shift: rising imports of goods and outflows of capital are cutting into France's once hefty balance of payments surplus. The country has few dollars to spare...