Word: exporting
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Dates: during 1950-1959
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Commercial TV has pushed the good grey BBC out of the popularity contest altogether. No BBC program, according to TAM (Television Audience Measurement Ltd.), is now a serious contender for the ten regularly top-rated shows. In the most recent survey, the U.S. export oater called Wagon Train led the pack, followed by a typically British whodunit series (Murder Bag) featuring diabolically clever homicides. One other U.S. show made the list in the No. 10 spot: CBS's ad-lib courtroom drama, The Verdict Is Yours (TIME...
Main cause for this surprising turn seemed to be popular dissatisfaction over Finland's economic slide and the ruling center parties' failure to stop it. Over the past four years Cabinet after Cabinet has fumbled and drifted while inflation soared 32%. High-priced Finnish export industries lost out in vital foreign markets, and unemployment rose last winter to 6% of the labor force. In last week's election, right and left gained at the expense of the center. Many other voters stayed home in disgust. The irondisciplined Communists, while increasing their total popular vote by only...
...mission, however, is asking questions and getting answers about Central America's economic problems, and he took along key men to help him with the job. With him were Roy Rubottom, Assistant Secretary of State for inter-American Affairs; Tom B. Coughran, Assistant Secretary of the Treasury; Export-Import Bank President Samuel C. Waugh; and Development Loan Fund Manager Dempster Mclntosh. Along to handle hostess duties was Milton's daughter Ruth...
Topic A. A main topic of all stops will be the common-market arrangement that is gradually taking form throughout the area. The U.S.'s aid experts will inspect the fruits of past aid programs and discuss needs for new ones. Examples: the Export-Import Bank is considering a loan of $500,000 to the Honduran Development Bank, and the U.S. International Cooperation Administration may lend $1,700,000 for school construction in Panama. El Salvador, Costa Rica and Guatemala will want to talk about the troublesome world surplus of coffee...
Brazil is a case in point. Brazil got into a fiscal mess with inflationary policies, and did little to reform because officials thought they could always count on the U.S. Export-Import Bank for loans. Eventually, after 63 authorized loans totaling $656 million, Brazil had to go to the Monetary Fund. There a coolly competent professional international staff delivered a stern lecture, exacted a promise of reform, gave a small drawing account of $37.5 million in the hope that Brazil would go and sin no more. If Brazil had had to take this lecture from the U.S., the howl...