Word: investers
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Dates: during 1960-1969
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...religions with no color bar will win Africa: the religion of Karl Marx, or Islam, where monarch and slave pray side by side in complete equality. It would be wise for the West to invest in Islam, which has tens of millions of missionaries on the spot, and which so far has held the line steadfastly against Communism...
...businessman knows when he invest in a machine what utility he will derive from it. An investment in education is far less certain, though, for nothing prevents a Dupont-sponsored engineer from working for Allied Chemical...
Although cash-light unions often have less latitude in their investments -strike reserves need to be in banks or in short-term securities easily convertible to cash in an emergency-many a well-established union such as the United Auto Workers has learned to invest and still protect itself. The U.A.W. buys heavily in securities dated to mature about contract expiration time, in case of a strike has the money ready. "Our criteria are security, fluidity and yield-in that order," says U.A.W. Secretary-Treasurer Emil Mazey. In quest of security for its $33 million invested funds, the U.A.W...
...edgy world: how to deal with other nations intent on elbowing their way into the nuclear club. Some experts estimate that a score of states-ranging from Sweden and Israel to Canada and Red China -have programs that could eventually give them bombs if they decided to invest the enormous sums necessary to turn laboratory knowledge into a deliverable bomb...
This year some 3,000 U.S. companies will invest about $1.25 billion abroad v. $1.2 billion in 1959 and $1.1 billion in 1958. Altogether, U.S. private investment abroad amounts to about $30 billion, 50% more than U.S. Government investment abroad. While the pace of foreign investments has been stepped up by a scramble to get into the Common Market area before the tariff walls go up, it is based more solidly on worldwide economic growth. Says Basil James, the American sales director of British Aluminium, which is 49% owned by Reynolds aluminum: "American business has become aware that the fastest...