Word: gulf
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Dates: during 1960-1969
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...formed over the Rocky Mountains in the U.S. and Canada. Since air circulates clockwise around a high-pressure area, the ridge brought dry air streaming down from northern Canada. In a normal year the ridge would have shifted gradually eastward, allowing warm, moist air to flow northwest from the Gulf of Mexico and bring normal rain to the high plains. But this year the high-pressure area stuck stubbornly over the Rockies during June and the first half of July. The dry, sunny weather that it brought dried out and heated the earth's surface, and hot air rising...
Claiming somebody else's land is a favorite hobby of the princes and powers around the Persian Gulf, and they do it on the simple theory that their nomadic ancestors once roamed the ground in question. Backward Yemen claims all of the Aden Protectorate, whose border is disputed in turn by Saudi Arabia, which has claims on Muscat and Oman as well. Iran claims Bahrein, and Iraq's rulers have always coveted the desert sheikdom of Kuwait, currently the richest country per acre and per capita in the Middle East. But nobody ever took the claim seriously until...
...proven reserves and half again the U.S. reserves - though the British did not know that back in 1899, when the ruling Sheik asked them to take Kuwait under their protective wing. The motive at the time was to stop the pro-German Ottoman Empire from expanding southward along the Gulf. But in 1938, the Kuwait Oil Co. (jointly owned by Gulf Oil and British Petroleum), drilling down through Kuwait's sands, hit what proved to be the world's biggest pool. Kuwait now sells $500 million worth of petroleum a year, supplies 37.5% of the British market...
...General Electric Foundation's Corporate Alumnus Program last week reported that during its first six years, donations by G.E. employees-which the company guarantees to match-topped $1,400,000, paid out to 625 colleges and universities. Moreover, 118 corporations from Gulf Oil to Campbell Soup have now followed G.E. and set up matching plans. The most ambitious program is the Ford Motor Co.'s, started last year, whose ceiling for individual donations is $5,000 a year compared to most maximums of about $2,500. The gift can be made to any university or high school...
...owners refused even to negotiate the issue of foreign-flag ships. For U.S. shipowners the overriding economic fact of life is that the U.S. able seaman earns wages and overtime averaging $612 a month-three to four times as much as a foreign sailor. Largely because of this wage gulf, the number of U.S.-flag private merchant ships has slipped from 1,050 to 941 in the past decade. Meantime, U.S. owners have registered 454 ships in foreign countries, including 259 in tax-free Panama, Liberia and Honduras. Not only can these "flag of convenience" ships be operated at half...