Word: kariba
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Dates: during 1956-1956
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...Tata & Kariba. Both India's Damodar Valley and Mexico's Tecuala owe their new prosperity to that most capitalistic of all capitalist archetypes: the banker. He is Eugene Black, president of the International Bank for Reconstruction and Development-generally known as the World Bank. It was the World Bank that lent Mexico $24 million to help bring power to Tecuala and other forgotten towns. To India it lent $38 million for its Damodar project, and from both nations President Black expects to get every nickel back-with interest...