Word: fortnightlies
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...past fortnight Nationalist and U.S. intelligence sources have detected signs of two additional new airfields being started on the Fukien coast-near Amoy, the mainland port opposite Quemoy. They bring to five the total of Communist airfields recently built or abuilding on the mainland across from Formosa. Once completed and equipped, the new fields will give the Chinese Communists air striking power over the Nationalist-held offshore islands and Formosa. U.S. intelligence knows that the Chinese Communists have shifted their bomber forces southward into Fomrosa range; U.S. reconnaissance shows that the Communists have amassed heavy military equipment along the China...
...political earthquake that shook Brazil a fortnight ago (TIME. April 18) subsided last week. The process of reshuffling the Cabinet continued, but President Joâo Café Filho calmly went ahead with his plans to fly from Rio this week on a nine-day trip to Portugal, the Brazilian motherland. One reason he could be calm was that the 36th International Eucharistic Congress is scheduled to convene in Rio in July. With 1,000,000 Roman Catholic visitors expected, leaders of all factions want to keep up a hospitable appearance of normality. In the Cabinet comings and goings...
...drop has stirred up a new battle in Washington over rigid v. flexible support prices. The House Agriculture Committee (with its Democratic majority) a fortnight ago charged that the "dangerous Government policy of lowering price supports" has "pauperized agriculture." To which President Eisenhower replied: "Not correct." The program will not be felt until '55 crops are ready for marketing...
...Ghulam does not really like being a dictator. He sometimes talks about reconvening the Constituent Assembly-which he dissolved last October-and about calling for Pakistan's first general elections. Ghulam's advisers argue, however, that restoring democracy would mean restoring chaos. The Federal Court ruled fortnight ago that Ghulam's "controlled democracy," in the presence of an emergency and in the absence of a constitution, is legal under the old British India...
...approaching a postwar low, between U.S. companies and the Japanese government. Though U.S. industry has poured more than $229 million into Japan since the war, some 70 applications for $34 million in new investments are gathering dust in the files of Japan's powerful Foreign In vestment Council. Fortnight ago, FOAdministrator Harold Stassen announced a plan to guarantee future U.S. investments in Japan. Four companies applied for such guarantee, but none was approved by Japan, and none is likely to be. Reason: the government regards FOA's plan as a reflection upon Japan's "stability," has already...