Word: foreign
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Dates: during 1960-1969
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...channeled through multilateral agencies like the World Bank; only 10% flows through such bodies at present. Another Pearson recommendation is that countries increase their aid to seven-tenths of one percent of their gross national product in five years. In the U.S., that would mean an annual foreign aid outlay of $8 billion by 1975. Even if Nixon seconded that motion, which is virtually unthinkable, there is no chance that Congress would go along...
...every three freshmen said that he believes the U.S. needs some sort of revolution, and one out of five described himself as either a radical or a revolutionary. More than half believe that U.S. foreign policy is imperialistic. Two out of three think that business is too concerned with profit, three out of four that U.S. society is racist, four out of five that politics is dominated by string-pulling special-interest groups. A substantial minority believe that U.S. society is more repressive today than it was two years ago, and a majority think that a period of greater repression...
...Alitalia last month applied to the U.S. Civil Aeronautics Board, which has to approve all fares between the U.S. and foreign points, for a $299 ticket price on the Rome-New York run between Nov. 1 and March 31. Last week Pan American and TWA petitioned the CAB for an identical fare. The board is likely to approve. By acting without the consent of the International Air Transport Association, the three lines threatened the whole labyrinthine fare structure and set the stage for a searching reassessment...
...desperation, Prague's purge-minded regime last week replaced the ministers of planning, finance, foreign trade and price control. The government also decreed that the five-day work week will be increased to six, apparently in the belief that production will rise proportionately. That is a dubious assumption. Visitors to Prague are assured that industrial sabotage continues unabated. Few Czechoslovaks seem to care that they themselves, and not the Soviet occupiers, are the first victims. They seem bent on committing slow economic suicide, which in its way is as tragic as the destruction of political freedom a year...
Ironically, both synthetics makers and foreign growers were given access to cotton's domain as an unforeseen result of U.S. Government policy. The troubles began with rigid, Depression-born price supports, which eventually reached a peak of 32½? a pound in 1955. They were aimed at propping the growers' income, but in the process they raised the price of U.S. cotton above the going world rate. The Government's solution to that problem was to subsidize exports, beginning in 1956. That move, in turn, created a crisis for domestic mill ers, who complained that they...