Word: cocoa
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Dates: during 1970-1979
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...said: "I read in the encyclopedia that Ghana exports most of the world's cocoa. I just love chocolate...
...Third World became a more exclusive, OPEC-led grouping, limited to those nations that are exploiting their rich mineral or agricultural resources. Emboldened by the oil producers' success, many other Third World countries tried to create their own price-fixing cartels for copper, iron ore, tin, phosphates, rubber, coffee, cocoa, pepper and bananas. Their leaders talked of "one, two, many OPECs." The grand plans generally failed because members have lacked the cohesiveness to make them work ?so far. But the new importance of raw materials moved some big producers to raise prices unilaterally. Jamaica, for example, abrogated contracts with...
Some of the measures were hardly of earth-shattering importance. In Dade County, Fla., a ban on throwaway bottles and cans, favored by environmentalists, was rejected by the voters, while in nearby Cocoa Beach topless bathing was outlawed. South Carolinians regularized the hours of the state's liquor stores, Arkansans spurned an attempt by bankers and businessmen to give the state legislature control over interest rates, and, in the year's biggest victory for Fundamentalism, the citizens of Rush Springs, Okla. (pop. 1,381), decided to outlaw dancing in public. Other proposals and the voters' decisions were...
...neighborhoods separated not by miles but by centuries. In the distance one walks to get from the McDonald's in Central Square to the Brigham's in Harvard Square, a Bolivian could walk from the luxury hotels of downtown LaPaz to the adobe huts of Aymara Indians who chew cocoa leaves and eat dried potatoes like their ancestors did hundreds of years ago. Ill-clad Indian children sell two joints of marijuana for ten cents behind the 35-story Hilton Hotel in downtown Bogota, Columbia, and recently-arrived mothers from the mountains beg in the shopping district of Lima, Peru...
...himself, a financier and economist who wrote the book while a resident in the Basel prison. The Swiss government insisted that he remain its guest for ten months after the American-owned Swiss bank that Erdman managed failed. Several of the bank's officials went too long in cocoa and silver futures and tried to cover their mistake by fudging the books...