Word: demand
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Dates: during 1960-1969
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...sent its new ruler, Major General Jaafar Nimeiry. The oil-soaked Kuwaitis, Saudis and Libyans, who already donate $378 million a year to war-damaged Egypt and Jordan, stayed away, lest they be touched for even bigger donations. Sure enough, the leaders at the mini-summit made a blunt demand for more money, declaring that "present economic aid is considered less than what is needed...
...West Germany, Italy, Belgium and Sweden, have recently raised bank interest rates (some of them several times) in an effort to restrain borrowing. Almost everywhere in Europe, factories are humming at or near their capacity, but consumers are spending money so fast that some firms cannot fully meet the demand for their products. French automakers, for example, are making many domestic buyers wait for delivery of new cars because they are giving priority to export orders...
...sharp recession this winter are growing. Other countries' hopes for restraining inflation without recession depend in great part on how quickly the U.S. cools its overheated economy. U.S. inflation has caused imports to rise, and they include much European production that is needed to satisfy consumer demand on the Continent. To a remarkable degree, the U.S. fight against inflation has become a prime concern of every industrial country in the free world...
...feeling that their loans were helping other businessmen to grow wealthy while the insurance companies took most of the risk. As a result, insurers are no longer content merely to lend money for the construction of apartments, shopping centers and other structures, and collect a fixed-interest return. They demand a share in the ownership and management, and a large slice of the profits...
Telephone company officials readily admit that service has been poor, and blame many of their problems on the "unprecedented" growth in the tremendous demand for telephone service in the past 20 months. In an effort to over come deficiences, New York Telephone last month began bringing in an emergency force of 1,500 workmen from other parts of the U.S. "Our pride has been hurt," said William Sharwell, the company's vice president for operations. "We won't rest easy until service is good everywhere for everyone...