Word: expansionism
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Dates: during 1970-1979
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Interest rates have been coming down steadily; the prime rate for loans to corporate borrowers was lowered another notch by some big banks last week to 8¼%, down from 12% last October. But many economists say that the Fed could have forced interest rates down much more swiftly. Despite...
Bok said in a telephone interview yesterday that he may try to raise "several million" dollars from foundations and private donors to finance expansion of the Kennedy School's public policy program, which now accepts only 25 students a year.
He said the fund drive and the expansion of the Kennedy School to encompass the goals he outlined in his report is now "in process" and will take "considerable mutual cooperation and collaboration" among Harvard's graduate schools over the next several years.
Nonetheless, other Gulf states have responded by undertaking weapons-expansion programs. Iraq has already received MIG fighters, heavy artillery and the Scud surface-to-surface missiles, which can be fitted with nuclear warheads, from the Soviets; in addition to the American A-4 Skyhawks, Kuwait is ordering Mirages from France...
Died. Raymond Moley, 88, founding member of Franklin Roosevelt's Brain Trust; in Phoenix. So powerful was Moley as F.D.R.'s closest adviser that an early New Deal joke had a Senator asking the President for a favor-an appointment with Moley. The Brain Trust that he organized...