Word: interest
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Dates: during 1960-1969
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...Korea in August. The American representative at Panmunjom, a Marine major general, signed a Communist-drafted document, confessing to a "criminal act" and to infringing upon North Korean sovereignty. The general then announced that "there was no criminal act or intentional infiltration." He acted, he said, "in the humanitarian interest of securing the release of these...
...cooperation. In Brussels, the foreign and defense ministers of the 15 NATO members were gathered for their annual review. In Moscow, the political leaders of the seven Warsaw Pact nations were holding a meeting of their own. In each capital, the conferees followed their rivals' proceedings with lively interest...
...Western allies concerning improved land and canal access to West Berlin. He also urged the Soviets to prove that they genuinely want to ease tensions by agreeing to discuss NATO's year-old suggestion for mutual troop reductions in Europe (see chart). The Soviets, however, have shown no interest in such a move. The Red Army forces in Eastern Europe accomplish two major objectives of Soviet foreign policy: they provide perimeter defense of the motherland, and they help to keep the Warsaw Pact countries in line...
Paradoxically, many U.S. consumers are discontented even while they are the envy of contemporary civilization ?the best-fed, best-clothed, most pampered people in history. Most companies have a self-interest in promoting product safety and performance, if only to induce customers to buy and buy again. Since the large majority of consumers do exactly that, businessmen understandably believe that they are producing the kind of merchandise that the nation wants. The average buyer probably gets more value for $1,000 spent in a current mail-order-house catalogue than in an edition of 50 years...
Unthinkable Rate. A strong case can be made that the Government is overdoing its credit tightness and that the time has come for a change. Last week, however, a Federal Reserve official said that the board is persisting with its year-old policies. Interest rates reached yet another new high when an issue of top-rated Bell Telephone System bonds sold at 9.1%. Such a rate would have been unthinkable not long ago. The U.S. may be entering an unprecedented, fairly prolonged period of high interest rates...