Word: cash
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Dates: during 1970-1979
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...missile tests. It later turned out that local citizens, seeking to make sure that they were paid for some work they had done at the base, had refused to let the technicians leave. After hasty consultations with Washington, Bazargan's government dispatched a plane carrying $200,000 in cash to settle the debt. The technicians were brought back to Tehran on an Iranian military plane, then hustled aboard a civilian flight to Paris...
...since the turn of the century have so many Western businessmen been so determined to cash in on China's vast promise. The question both for outsiders and for the Chinese is whether the world's most populous nation can really modernize .its poor and backward agrarian economy in a mere 20 years. That is China's ambitious goal, but economic realities have already forced Peking to reconsider some of its grand plans...
...China's immediate export potential is modest. The size of the country's mineral and oil reserves is uncertain, and they cannot be quickly exploited. Joint ventures will help, and the most likely schemes will give foreign companies a 49% stake if they put up the cash and expertise in exchange for a share of future production. Talks along these lines are already going on with major U.S. oil companies, which want to explore offshore. China already has credit lines totaling $8 billion from the British and French, and will need perhaps as much as a total...
...clothes and walked about on two artificial legs. He liked to read the Wall Street Journal and talk of his travels to Israel, Greece and Spain. He owned an $80,000 building, containing a disco called the Red Garter, a home worth $30,000, and had $16,000 in cash, $46,000 in Washington checking accounts and $365,000 in a bond account with Merrill Lynch, Pierce, Fenner & Smith. Then why did he go on begging? Said his banker: "I think it was a lifelong habit...
Danehy and his brother John, a Middlesex County Commissioner, owe the city property taxes on a commercial block on Mass. Ave. Danehy told a reporter that "a problem with cash flow" has kept him from paying the taxes...