Word: cola
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Dates: during 1960-1969
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That is a duty that the boyishly handsome Bond (he once modeled for Royal Crown Cola posters) is unlikely to shirk. The son of the dean of Atlanta University's school of education, Bond was publicity director of the militant Student Nonviolent Coordinating Committee until last September, and has been an articulate advocate and organizer of the New Left. For much of the past year, he has supported his wife and three children by writing and lecturing, now has a book in the works on his rebuffs by the legislature. Title: A Georgia House Is Not a Home...
Last week, in their most ambitious step yet to force foreign firms to stop operating in Israel, the Arabs took aim at three U.S. corporate giants, Coca-Cola Co., Radio Corp. of America and Ford Motor...
...meeting in Kuwait, the Boy cott Office of the 13-nation Arab League (Algeria, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Saudi Arabia, Sudan, Syria, the United Arab Republic and Yemen) voted for a ban by all Arab countries on doing business with all three companies. The action against Coca-Cola came in retaliation for the granting of an Israeli bottling franchise to Manhattan Banker Abraham Feinberg, who is also president of the Israel Development Corp., which promotes Bonds for Israel. RCA angered the Arabs by allowing phonograph records to be pressed in Israel. The move against Ford resulted from...
...actually put into effect by the 13 countries (the Boycott Office has no enforcement powers of its own), the repercussions could be widespread. Coca-Cola, the most popular soft drink among teetotaling Arabs, has 29 bottling plants, 139,000 dealers and a $50 million investment in the Arab world. Egypt immediately prepared to shift nine bottling plants from Coke to something called "Nasr (for victory) Cola." When Iraqui-born Mohammed Mahdi, head of the Manhattan-based American-Arab Action Committee, got word of the boycott in Beirut, he ceremoniously emptied his Coke into a carton...
...Arabs themselves stand to become the chief victims of both the boycott and the seizure. Most of the money invested in the region's Ford, Coca-Cola and RCA facilities is Arab capital, paid to buy franchises or set up dealerships. On top of that, 33,000 Arab employees of Coca-Cola and 6,000 workers in Ford enterprises, (350 of them at Alexandria) face the loss of their jobs...