Word: foreign
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Dates: during 1960-1969
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...Minh's life was dedicated to the creation of a unified Viet Nam, free from foreign control, and the 19 million people of his tortured land suffered mightily from his total devotion to that vision. Even so, they affectionately knew him as "Bac Ho" (Uncle Ho). So did many in the South. No national leader alive today has stood so stubbornly for so long before the enemy's guns. His death will have inevitable and far-reaching repercussions in North Viet Nam, in Asia and beyond...
Fighting the Imports. Rather than concentrate on full-size models, Detroit is determined to make a dent in the soaring sales of foreign cars, which captured more than 10% of the total U.S. market last year for the first time since 1959. A decade ago, Detroit responded to the inroads of foreign competition by bringing out a fleet of compacts; within four years, the imports' share of the market was cut in half. Now the auto companies are ready to renew the battle with yet another generation of small cars...
...Foreign-car sales totaled 89,000 during July, up 8% over July 1968. Japan's Toyota, now the second largest auto exporter to the U.S. (after Volkswagen), equaled its 1968 U.S. sales during the first seven months of this year, with 68,823 cars...
...automakers cannot compete with the imports on the basis of price. Instead they are gambling that potential foreign-car buyers will pay a bit more in original cost and operating expense to gain speed and seating space. Even so, profits on the small cars are going to be slim compared with those on larger models like the Mustang, which are offered with expensive options that can double their price and profitability. If U.S. automakers have miscalculated about the kind of small car American buyers want, they could end up selling cheap cars to customers who otherwise would have bought more...
...Germany, Europe's strongest economic upsurge has now reached a point at which eight job openings await each temporarily unemployed worker, even though a record 1.4 million foreign workers now labor on production lines. Prices are rising at a 3%-a-year rate. That might seem small to Americans but it is worrisome in a country where memories of the calamitous inflation of the '20s are as bitter as memories of the Depression in the U.S. The rate is likely to rise toward the end of the year, particularly if the general wage increase due in the fall...