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...bringing 'economic freedom' to Chile," Isabel Letelier and Moffitt write in their report. They add, "This positive assessment by a prominent Wall Street figure buoyed Chile's reputation in the financial community." With bilateral agreements to Chile declining and loan obligations coming due, Chile received a 500 per cent increase in private multinational bank lending between 1975 and 1976. And, the report continues, the total amount "soared over $800 million in 1977." The report states that in 1977 alone, Chile received $514 million in loans and credits from private U.S.-based multinational banks--with the total lending from U.S. banks...
Speaking before 50 people in Emerson Hall, Otto Eckstein, professor of Economics, praised Carter for the recent drop in the national unemployment rate to 6.2per cent. He also called the Comprehensive Employment Training Act (CETA) the best employment program in American history...
...Yale rates as a favorite in the showdown, and a couple of Harvard injuries have solidified the Elis' favorite status. Crimson captain Todd Lundy will return to the number-one spot to face Yale's Matt Coyle after ten days out of action, but he remains below 100 per cent with injured ribs. Even worse, Harvard's four-player, Scott Walker, sprained an ankle in practice Monday night, and may not even play...
...most important defect in the employment practice argument is simply numerical. U.S. companies employ less than one half of one per cent of all black South African workers, and although we have repeatedly asked the Corporation to explain how improvement of working conditions for these few will break down apartheid, we have yet to receive a credible answer. The Corporation says only that the companies may "lead by example" --an answer that totally ignores the understandable reluctance of employers to increase wages for altruistic reasons...
Larry Meyer, coordinator of the walk, said yesterday 63 per cent of the money raised goes to about 20 local feeding projects, including Shelter in Cambridge and Respond in Somerville, while 15 per cent is for overseas projects and 14 per cent is for hunger education and action projects. The remaining money covers administrative costs...