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...Shell, Mobil, and the Compagnie Franchise des Petroles-cut their posted crude-oil prices, following the lead of Esso Export Corp. ¶Under pressure from price cuts in India (TIME, Aug. 22), British and U.S. companies reduced bulk prices on petroleum products in Pakistan by an average 7%. ¶Ceylon's Prime Minister Mrs. Sirimavo Bandaranaike, not to be left out, summoned three Western oil companies in Colombo to a meeting at which the government will ask for further price reductions on gasoline, on top of a recent gas price...

Author: /time Magazine | Title: OIL: Flow from the East | 8/29/1960 | See Source »

Thunder on the Left. He flew back to Manhattan, raced to the green glass slab of the U.N. building for a 7 p.m. meeting with his staff. At 9, he was closeted with the four small-nation members (currently Ceylon, Tunisia, Argentina, Ecuador) of the eleven-man Security Council. Tunisia's dapper Mongi Slim assumed the role of floor leader in the fight for the resolution Hammarskjold wanted-one which would press the Belgians to withdraw "immediately" from Katanga but would promise Tshombe that their replacement by U.N. forces would not compromise Katanga's secession effort...

Author: /time Magazine | Title: UNITED NATIONS: Quiet Man in a Hot Spot | 8/22/1960 | See Source »

Tunisia and Ceylon had already drafted a resolution embodying Hammarskjold's second alternative, but had coupled with it a demand that Belgium withdraw its troops from Katanga. The U.S.-with European fires to watch as well-was reluctant to press harried Belgium too hard, but ready to go along. Soviet Russia, however, seemed to want nothing more than continued chaos in the Congo. Russian Delegate Vasily Kuznetzov dismissed the Afro-Asian resolution as too wishy-washy, suggested to fellow delegates that if the U.N. troops presently in the Congo could not eject the Belgians, the U.N. should send troops...

Author: /time Magazine | Title: UNITED NATIONS: Challenge to Authority | 8/15/1960 | See Source »

...United Nationalists had no weeping widow. Mrs. Banda turned up at rallies all over Ceylon to recall her husband's greatness in a small, flat voice-and then burst into a torrent of tears. Senanayake's party actually led by a narrow margin in total ballots. But Mrs. Banda won 75 seats to 30 for the United Nationalists. Six appointive seats will give her a majority in the 157-man House, even without her wide support among Trotskyite and Communist representatives...

Author: /time Magazine | Title: CEYLON: Tearful Ruler | 8/1/1960 | See Source »

Favorite Nephew. Descended from wealthy, upper-caste Singhalese, the Prime Minister is emotional but intelligent. Though she was educated in a Roman Catholic convent and sends her three children to Catholic schools, she is a practicing Buddhist and Ceylon's chief advocate of birth control. She took office promising to ''carry out my husband's program" - the main trouble with this being that her husband never really...

Author: /time Magazine | Title: CEYLON: Tearful Ruler | 8/1/1960 | See Source »

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