Word: centrality
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Dates: during 1960-1969
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...good reason: there had not yet, in fact, been any. It was not until after the Cabinet meeting that the government went out and started looking for loans on the basis of its decision. The Bank of England's O'Brien went to work calling up his central bank counterparts in Europe and in the U.S. The whole deal was finally arranged by Saturday afternoon...
...difficulties. She still keeps fairly large worldwide defense commitments, last year gave $630 million in foreign aid. For most countries, their money is their own, to use as they wish abroad. But the British pound, as a reserve currency, is used much like an international money by traders and central banks the world over. The U.S. can afford to let its money be used by others; Britain, needing every penny it mints, no longer can, but has long insisted on continuing to try. The result is that when the Bank of England is driven to the wall to defend sterling...
...varied and difficult terrain in South Viet Nam, the jungled peaks and malarial valleys of the Central Highlands would seem least worth winning. Scant crops grow there, and scarcely any Vietnamese live there. The triple canopy of jungle foliage shadows the ground in a perpetual, skyless twilight. But, on the Highlands border where Laos and Cambodia meet, there is a valuable piece of real estate: a natural valley that funnels through the worst border mountains out into the gentler highland countryside rolling down to the sea. Astride the valley sits Dak To, until three weeks ago a dusty airstrip guarded...
After Ho, North Viet Nam may well inherit a Russian-style rule by collegium. With Dong as President, the party chieftainship now held by Ho would likely go to the shadowy Le Duan, 59, the Central Committee's first secretary and chief whip behind North Viet Nam's attempt to seize South Viet Nam. General Vo Nguyen Giap, 56, the Defense Minister and man in charge of North Viet Nam's armed forces, would almost certainly join Dong and Le Duan in any leadership troika...
...industrial expansion expected around the NASA site in Kendall Square will put a further freeze on those families which choose to remain. Planned twenty years ago, the Inner Belt is now of questionable necessity. The Boston extension of the Massachusetts Turnpike has taken much of the pressure of the Central Artery. Boston has not grown as fast, in terms of jobs or population, as had been expected when the Belt was designed. Moreover, balancing the lives and livelihood of this many people against the convenience of commuters, is a dubious proposition...