Word: economices
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Dates: during 1960-1969
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What can be done to solve the crushing farrago of problems? Nationalist governments could expropriate every American business on the continent, and the region's economic destiny would still be inseparably intertwined with and dependent on the U.S. Washington could funnel huge amounts of money southward, and little would...
It was a quiet Saturday afternoon in Nairobi, and Tom Mboya, Kenya's Minister of Economic Planning and Development, was doing a little shopping downtown. He stepped into Chhani's Pharmacy to buy a bottle of lotion. As he emerged, an assassin opened fire, escaping in the ensuing...
Died. Tom Mboya, 38, Kenya's brilliant Minister of Economic Planning, by assassination; Moise Tshombe, 49, erratic former Premier of the Congo, of a heart attack (see THE WORLD).
Over a Barrel. Many of the big contracts have been signed by employers who either felt no pressure to keep prices down, or had no choice in a labor-short economy. Construction unions, which often have more strength than the localized employers they deal with, are leading the way, but...
In the Hole. Costly seismic surveys that backers now insist on have also tended to add to wildcatters' expenses. Oil has become harder to find in the continental U.S. as obvious geological structures have been exploited. Since 1963, Wildcatter Carl W. Van Wormer, who was once worth $300,000...