Word: levelation
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Dates: during 1950-1959
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Milton had hardly returned before Secretary of State John Foster Dulles flew to Rio de Janeiro for a two-day visit in Brazil this week. Topic A with Brazilian President Juscelino Kubitschek will be the high-level meeting of American nations Kubitschek suggested after U.S. Vice President Nixon was stoned and spat on in Lima and Caracas last May. At first Kubitschek suggested a hemispheric summit conference, but after Dulles rejected the notion of a ''meeting on a get-together basis of heads of government," the Brazilian President agreed that no more time should be wasted in talking...
...test's purpose was to find what happens when a nuclear warhead explodes in a virtual vacuum above the bulk of the atmosphere. The behavior of a nuclear explosion near sea level is known precisely. The nuclear fireball expands very fast at first, but both its temperature and pressure fall as it gets bigger. When its pressure equals that of the air, the ball stops expanding (for a megaton explosion, at a diameter of about one mile). The air also absorbs gamma and ultraviolet rays, confines radioactive particles to a comparatively small cloud...
...also the most efficient one among the majors. Though it operated at only 53% of capacity in the second quarter, Big Steel announced that it earned $73.2 million or $1.25 a share, amply covered its regular quarterly dividend of 75?. Earnings declined far less from the year-ago level ($115,943,000 while at 89.5% capacity) than most Wall Streeters had expected. The report at long last destroyed Wall Street's old assumption that Big Steel needed to pour at 65% capacity just to break even. Furthermore, it showed that U.S. Steel's second-quarter rate of income...
...firms will be able to gain equal access to all common market countries by establishing themselves in any one. While wages and other production costs now vary among common market countries, European economists expect them eventually to level out-as they have already started to in the European coal and steel nations. In view of this, smart companies are already picking plant sites on the basis of the best, not the cheapest, labor. Chicago's Outboard Marine, for example, decided to establish a plant in Bruges, Belgium, where wages are now relatively high, because it found that Belgians work...
...Nathan Twining and other top officials were meeting with the President in an overall review of the Middle East situation, Press Secretary James Hagerty hurried into Ike's office with the news, just off the White House Teletype machines, that Khrushchev had accepted the idea of a summit-level Security Council meeting. India's Prime Minister Nehru should take part, said Khrushchev, and so should "the Arab countries concerned." As the place and time, Khrushchev suggested New York City five days thence. "The threat to world peace has reached a dangerous level," he wrote. "So much so that...