Word: ghanaian
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Dates: during 1970-1979
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...thus somewhat re straining the food-price spiral. A stronger dollar would also mean that American consumers would have to put up fewer greenbacks for imports like Japanese cars and French wines, and U.S. manufacturers would have to pay less for high-priced, short-supply items from abroad like Ghanaian cocoa and Australian wool, thereby relieving domestic inflationary pressure...
...Kutu Acheam-pong seized power last year, they decided to solve the problem by repudiating a $94 million obligation to Britain (on the grounds that it had been incurred through corruption) and by declaring an indefinite moratorium on much of the remaining debt. A few months later, Acheampong proclaimed Ghanaian control over "the commanding heights of the economy" and nationalized 55% of the country's foreign-owned gold, diamond and timber operations...
Those shrewd, buxom pillars of Ghanaian commerce, the market mammies, turned out by the thousands last week to celebrate the sudden, bloodless coup that had deposed the civilian government of Prime Minister Kofi Busia. Their faces powdered white with talcum and wood ash, the women carried placards supporting the military junta headed by Colonel Ignatius Acheampong and urging the execution of his enemies. One angry sign read CRUCIFY AFRICA, referring to General Akwasi Afrifa, a hero of the 1966 coup against Kwame Nkrumah who is now in prison, accused by the new government of trying to assassinate Acheampong and restore...
...elections that brought the Busia government to power three years later. Last week the army moved again. Three days after the end of Pat Nixon's official visit, and two days after Busia had flown to London for treatment of an eye ailment, the first brigade of the Ghanaian army moved out of its barracks in Accra, overthrew the government and jailed the former leaders in a bloodless revolt...
...junta announced that the Ghanaian Parliament had been dissolved, and that the constitution had been "withdrawn." Before flying to the neighboring Ivory Coast, Busia declared in London that the Ghanaian people would resist "this selfish and senseless coup and overthrow it." His statement was mostly wishful thinking. Accra was so quiet that the junta did not even bother to impose a curfew...