Word: expansionism
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Dates: during 1970-1979
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IN Geneva's leafy Ariana park, the Swiss government is building a $15 million expansion of the Palais des Nations, the handsome colossus that was the tomb of the League of Nations and now serves as the United Nations' European headquarters. This activity on the part of the...
Niebuhr's fresh, demanding analysis brought theological ethics into the midst of the secular arena, influencing the pragmatic liberalism of many prominent Americans, including George Kennan, Arthur Schlesinger Jr. and James Reston. Niebuhr was a prime mover in Americans for Democratic Action and New York's Liberal Party...
Puzzling Reversal. The interest turnabout seems contradictory. The Federal Reserve Board in the first quarter expanded the nation's money supply at a 9% annual rate. Consumers are saving at a near-record clip, putting still more lendable cash into financial institutions. About a fourth of U.S. industry'...
Wall Street has an explanation for the puzzling reversal: the Federal Reserve last year pushed down interest rates too far and too fast. Word went around the financial community that the board, in order to slow this precipitous decline, had decided to cut back on its expansion of the money...
Throughout the South, there are signs that the region is abandoning the fateful uniqueness that has retarded its development and estranged its people. William Faulkner's South?heavy with ghostly Spanish moss, penumbral myths and morbid attachment to the past?is giving way to a South that has discovered it...