Word: indus
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...Brazil has just completed the $186 million Furnas Dam, South America's largest hydroelectric complex. In a project financed by the U.N. and 20 Western nations, four dams are being thrown across the Mekong River and tributaries in Thailand, Cambodia, Laos and Viet Nam. As part of the Indus River project, India has built one of the world's highest dams (740 ft.) across the Sutlej River at Bhakra...
...salary level are such executives as Diego Guicciardi, director of Italian Shell, and Vincenzo Cazzaniga, Italian boss of Esso. The average member of the board of management of a big German company may make a salary of about $50,000. The biggest German salaries are in the auto indus try, topped by an estimated $250,000 paid to Daimler-Benz's Walter Hitzinger. Only one German businessman exceeds the magic million-marks-a-year ($250,000) salary ceiling: Christian Kracht, 44, top manager for Press Magnate Axel Springer...
From the new highway snaking through the jungles of western Hon duras to the huge irrigation and power project that is transforming Pakistan's Indus River Basin, many of the world's underdeveloped areas owe much to an organization that most Westerners have never heard of. The organization is the International Development Association, a branch of the World Bank founded in 1960 by 15 World Bank member nations to make "soft," easy-term loans-with no political strings attached-to poor nations. Last week IDA reached a milestone when the total it has loaned passed $1 billion...
...nations that have received IDA loans, India has benefited most, receiving $485 million for industrial imports, railways and telecommunications. Pakistan is next with credits of $242.7 million, $58 million of it for the Indus Basin development. IDA has also lent to emerging African nations a total of $72 million for such projects as a 112-mile, all-weather highway across Swaziland and school construction in Tanganyika. Latin America has been granted nearly $100 million to build transportation and agricultural facilities and to improve municipal water supplies...
...thirds of the bond issues, ranging from $1,500,000 for new firehouses in Omaha to $790 million for schools and parks in California. For the U.S. economy, the $2.2 billion in new state and local borrowing thus voted means an added stimulus that will spread through many indus tries and areas...