Word: foreign
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Dates: during 1950-1959
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...point where Washington feels most strongly that it is time for a change is in the field of foreign aid. With the original postwar objective of setting Europe back on its feet handsomely achieved, the bulk of U.S. aid already goes to underdeveloped nations; in the future even more of it will have to do so. And, add U.S. officials grimly, it had better not find its way back to European pockets quite so often as has been the case in the past. (An example that still gravels Washington: in recent years the West German government has underwritten some...
...International Development Association (TIME, Oct. 12). And last week, after asking his countrymen "whether we have the right to enjoy all to ourselves the steady annual increase of 6% in our national product," West Germany's Economics Minister Ludwig Erhard proposed that his government review its system of foreign credits and "untie" them so that in the future underdeveloped countries would be free to use German credits for the purchase of non-German products. The U.S. could only welcome the offer, while noting wryly that burgeoning West Germany could now contemplate a variety of economic liberalism that...
...hard on the heels of Nikita's arrival in Moscow, a decree went out for a 42% increase in the value of consumer goods output by 1961. Among the items to be stepped up: television sets, sewing machines, refrigerators, bicycles, electric irons-and lampshades "to match the best foreign samples...
...colony a definite timetable for achieving its freedom. By next fall, he said, the Congo will have its own Parliament. Within four years after that, it can decide whether to break with Belgium entirely or adopt a modified independence that would leave control of currency, defense and foreign policy to Brussels. Whatever the ultimate decision, added Schrijver sternly, "I wish to stress that responsibility for democratic government will really be in the hands of the Congolese people...
...British under the name Graham Land is O'Higgins Land to the Chileans, and San Martin Land to the Argentines. More important yet was the fact that for once the U.S. and Russia (neither of which recognizes any Antarctic territorial claims) were in thorough agreement; genially, Russian Deputy Foreign Minister Vasily Kuznetsov echoed Secretary of State Herter's recommendation that "Antarctica should not become an object of political conflict and should be open for the conduct of scientific investigations." At week's end it seemed a foregone conclusion that the twelve nations meeting in Washington would wind...