Word: cementation
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When he takes office on Oct. 1, Arias' first task will be to cement relations with Panama's 4,000-man National Guard. Though it promised to support the winner, the guard-along with Arias' political enemies-has booted him from power twice in the past, in 1942 and 1951. The first time around, Arias was evicted for writing a tough, totalitarian-style constitution that threatened to turn Panama into a fascist state. Eighteen months into his second presidency, he was toppled again for organizing his own secret police and once again trying to install his totalitarian...
...development. There is no dearth, however, of physical or human resources. Its technical advisers in Viet Nam have proved that Taiwan has the kind of electric power, harbor development and agricultural experts necessary for rebuilding war's ruins. Malaysia can join in the reconstruction effort with timber and cement, South Korea with textiles and fertilizer. Indonesia, potentially a major Asian supplier of oil and copper, is even now busily luring the foreign investment necessary to exploit its rich natural resources...
...same time, the economy is humming along like the portable cement mixers that are busy all over the country. Agricultural and industrial production is climbing, foreign investment is trickling back into the country...
...Rebounding from the slump that hit most of U.S. business last year, steelmakers' profits rose by 40%, while big gains were also recorded in aircraft (59%), building equipment (34%), textiles (30%), office equipment (29%), chain-store retailing (24.5%), rubber (21%) and Pharmaceuticals (17%), not to mention cement, up a solid 236%. Other increases came in tobacco, broadcasting, food products and electronics. Among the leaders...
...Budapest, a conference of national Communist parties, convening behind closed doors, did little to cement the cracks of disunity. Only 52 of the 88 invited parties bothered to come to the session, which was sponsored by the Russians. At week's end, those who did come were reported close to an agreement on an agenda and a date for a Communist summit conference in Moscow that the Kremlin has been promoting for years. The leaders had trouble, however, disguising the fact that most of the bloc will welcome such an event with a lack of enthusiasm bordering on dismay...