Word: interallied
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...London, spending hours on the set or at the Dorchester Hotel inter viewing Burton, McPhee became a competitor with Elizabeth Taylor for Burton's time. She retaliated by making herself what McPhee calls "an amiable nuisance. Her behavior reminded me of my middle daughter-not the older one, who is nearly five-but the middle one, Sarah, who is nearly three." Curling up her nose, Elizabeth Taylor would say, "I was on the cover of TIME when I was 16 years old" (actually when...
...Caracas this week, the finance ministers of 20 Hemisphere nations will hear a report on one part of the Alliance for Progress that no one complains about. It is the Inter-American Development Bank, a sort of hemispheric version of the World Bank, founded three years ago in Washington and run ever since by Chile's Felipe Herrera, 40, an able and articulate economist. To give the bank its $1 billion capital, the U.S. subscribed $450 million; Latin American nations put up the rest, each giving according to its wealth. On top of this the bank also administers...
...billion. This way, the bank would have the reserves to expand its activity in the bond market. Last year the bank raised nearly $100 million on two bond issues sold in the U.S. and Europe. Normally, the market for Latin American bonds is dyspeptic, but the two Inter-American Bank issues were oversubscribed at a premium...
...West Germany and Italy, which were both enthusiastic at first, have now indicated that they would rather sink their money in multimanned Polaris submarines. What the U.S. did win last week was substantial agreement from its allies-excluding France-on the general outline of a more limited scheme, the inter-allied, NATO-controlled strike force that Washington hopes to create in the near future...
...After a NATO session in Paris and conferences in London attended by Rusk. Defense Secretary McNamara and other top policymakers, the U.S. announced that it would present next month's NATO meeting in Ottawa with detailed plans for a nuclear command and planning structure to integrate the new inter-allied force. It would include Britain's V-bombers and, in 1968, its Polaris fleet, as well as three Polaris submarines that the U.S. has committed to NATO, and other Allied aircraft and missiles...