Word: coupe
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Dates: during 1960-1969
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Czechoslovaks survived the war with their industrial plants largely intact, but then came the Communist coup of 1948. Prague adopted the Soviet economic system, and the Soviets, in turn, drained Czechoslovakia, buying its production at dictated prices. One notable example is uranium. Czechoslovakia had the world's first producing uranium mine, and it supplied the pitchblende from which Mme. Curie isolated radium. During the 1950s, Russia bought most of Czechoslovakia's uranium for the cost of production, which was set artificially low because the mines were manned largely by unpaid political prisoners and located on state-owned land...
Died. Kimon Georgiev, 87, Bulgarian politician whose machinations twice made him Premier of his country; in Sofia. More back-room manipulator than statesman, Georgiev was a master of Balkan intrigue; in 1934, with one unsuccessful coup already to his credit, he engineered the overthrow of the government and installed himself as Premier, only to be toppled within a year by loyalist army officers. After collaborating with the Communists during World War II, he was rewarded by again being put in as Premier when the Russians occupied Bulgaria. He was replaced with a hand-picked party official the following year...
...bloodless takeover itself was un remarkable in a country which, during its 144-year history, has had 185 changes of government, mostly by coups. The ousted civilian President, Lawyer Luis Adolfo Siles Salinas, was serving' as Vice President last April when President René Barrientos, the flamboyant ex-air chief, was killed in a helicopter crash. Ovando, the army chief and Barrientos' partner in the 1964 coup against Victor Paz Estenssoro, was in the U.S. at the time. Except for that fact, he almost certainly would have seized power then...
...campaign kitty. Finally, the self-effacing general feared that if he did not stage a preventive coup, a cabal of young officers would beat...
...coup was shrewdly timed. Before Kerkorian started bidding, MGM stock had dropped from a 1968 high of $55 to $29 a share. The company recently estimated that it lost at least $25 million during the fiscal year that ended Aug. 31. Most of the deficit, however, grew out of MGM's decision to write off as losses some box-office flops and a great part of its slow-selling inventory of monaural records. Kerkorian thus bought into a company that may be poised for a turnaround. Bronfman has already predicted a profit for MGM in fiscal...