Word: investers
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Renewed Welcome. For all his chauvinism, De Gaulle could hardly watch calmly while all those Yankee dollars went to other countries. Last January, when former Premier Michel Debre took over the Economics Ministry, the word was passed that France once again would welcome American investment. Thus Chicago-based Motorola has just won official permission to build a multimillion-dollar plant at Toulouse to make transistors, diodes and integrated circuits. International Telephone & Telegraph Corp. recently received approval for a semiconductor factory at Colmar, and the French subsidiary of Caterpillar got authority in mid-March to double the size of its Grenoble...
...problems in life, like those in a good math textbook, can be solved. Another is the certainty that each man is responsible for his own success. Both these beliefs are often sadly contradicted by reality. The American's reaction is to double his efforts-work longer hours, invest more money, put more men on the job, and try to make up for lost time. His impatience is the proof of his optimism...
DeGuglielmo, flanked by hospital construction officials, called his request absolutely safe. He said that the City could invest at a higher rate any money borrowed but not needed for construction...
...Russians, the Japanese pledged $200 million in pipe and liquefication equipment with which to develop the Okha natural-gas fields of Soviet-held Sakhalin island: in return, 7,000,000 cu. ft. per year of Sakhalin gas will be shipped to Japan. In Sumatra, Japanese oilmen promised to invest $15 million to carry on offshore oilfield drilling; Indonesia will keep 39% of the oil produced, and the Japanese will get the rest. And the Mitsui Mining & Smelting Co. paid $8,000,000 for copper and zinc mines in Peru; next year the mines will begin shipping concentrated ores to Japan...
...lies beneath the figure juggling. For years, Washington has given lip service to the idea that recipients of aid must show they deserve it by helping themselves. This time, Johnson emphasized his theme of "action, not promises," in his message to Congress. Specifically, the U.S. expects beneficiary nations to "invest every possible resource in improving farming techniques, in school and hospital construction and in critical industry; make land reforms, tax changes and other basic adjustments necessary to transform their societies; face the population problem squarely and realistically; create the climate that will attract foreign investment and keep local money...