Word: homed
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Dates: during 1960-1969
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...Peking, the Sino-Soviet border talks were at a stalemate (see story on page 35), confronting the Russians with a delicate problem. They wanted First Deputy Foreign Minister Vasily Kuznetsov to come home to prepare for the SALT negotiations, but they feared that the Chinese would take his recall to mean that the border talks were doomed. The Kremlin solved this by ordering Kuznetsov home for a meeting of the Supreme Soviet. Meanwhile Peking, for its part, got into the diplomatic game last week by authorizing its chargé d'affaires in Warsaw to meet secretly with...
Isolated abroad and at home, the Kremlin will have to send troops to put down riots in Russian cities, thus "hastening the collapse of the army." Eventually, one final jolt-a battlefield defeat, a disturbance in Moscow-will topple the regime...
...undoing came when word leaked out that he planned to cut the army's size and replace Kouandété. Despite the drawbacks of the job, the candidates are already lining up. As soon as Kouandété announced that political exiles were welcome to return home, three exiled ex-Presidents cabled to offer their services...
...line the streets. When British Chargé d'Affaires John Denson peered too closely into one such hole two weeks ago, a shouting crowd surrounded him for two hours and accused him of spying. The Foreign Ministry brushed aside his protests and suggested that perhaps he should stay home, where he belonged...
...reduced inflation faster if big banks had not discovered ingenious methods of avoiding the Federal Reserve's pincers. To help meet corporations' vast appetites for loans in the face of the credit shortage, U.S. banks borrowed $13.3 billion in Eurodollars?U.S. dollars in private hands abroad?and brought them home. The board finally closed that loophole by imposing a 10% reserve requirement on borrowed Eurodollars. Thereafter, the banks circumvented restraint by issuing vast quantities of commercial paper ?unsecured promissory notes. Belatedly, the Reserve Board plugged that loophole by placing an interest-rate ceiling on commercial paper. Now, big Manhattan...