Word: colombos
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...prepare for the distinguished visitors, the authorities moved all the tattered beggars and cripples of Colombo out to temporary "rehabilitation centers" in the countryside. At a cost of $40 million or so, they decked the streets with the flags of 85 nations, hastily widened roads, improved hotels, organized the tightest security precautions in years and even arranged for a band that could serenade the guests with selections from Oklahoma! And so the government of Sri Lanka (formerly Ceylon) was ready to welcome more than 2,000 elaborately robed and uniformed delegates to the fifth Summit Conference of Nonaligned Countries...
Some notables sent their regrets. Cuba's Fidel Castro said he was busy, and so did North Korea's Kim II Sung and Uganda's Idi Amin ("Big Daddy") Dada. Among those who did gather in Colombo: Viet Nam's ascetic Premier Pham Van Dong, Libya's mercurial Colonel Muammar Gaddafi, India's stately Indira Gandhi, Cyprus' black-bearded Archbishop Makarios...
...Wall Street is frozen-yogurt city now," says a beaming Richard Egan, executive vice president of Colombo yogurt. Indeed, any fair lunchtime brings out crowds of bankers and stockbrokers strolling about and licking 500 and 750 curl-topped frozen-yogurt cones. In midtown Manhattan, long queues snake around corners to the tiny frozen-yogurt parlors that seem to have sprung up everywhere. Washington too has dozens of stores selling the stuff as well as a cruising truck dispensing only frozen yogurt. "It's ice cream without guilt. It's magic," says the hopeful proprietor of Yogurt Yogurt...
...foreign indebtedness is now nearly $17 billion, and the latest loan of $2 billion from West Germany is supposed to be paid back in March. But the money has disappeared as fast as a "drop of water on a hot stove," according to outgoing Treasury Minister Emilio Colombo, and Italy is going to need even more loans in the next few months to stave off bankruptcy and pay for oil. Italy is more dependent on imported fuel than any other European country and has been especially hard hit by the rise in petroleum prices. Meanwhile, capital is fleeing the country...
...Colombo, Sri Lanka