Word: liberia
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...crude oil it carried is only the beginning of the problem. British Petroleum, for whom the chartered ship was hauling crude from Kuwait to England, had insured its cargo for $1,600,000. The ship itself, owned by a company called Barracuda Tanker Corp., which was incorporated in Liberia but is controlled from Wall Street, carried "hull" insurance of $16.5 million. As is traditional in marine insurance, the policy (with an annual premium of $330,000) had been spread among 120 syndicates in the U.S. and Britain, which will now pay off to Union Oil, the regular charterer...
...providing 38 permanent economic advisers to the governments of Pakistan, Argentina, Colombia, Liberia, Malaysia, and Greece. And it is reaching the limits of its capacity. "The DAS can undertake additional field projects in the near future only at the risk of reducing the quality of advisers overstraining its management capacity, and minimizing opportunities to absorb and disseminate the experience gained in the field," Gustav F. Papenak, Director of the DAS, explains...
Lured by such overtures, old Indonesia hands are filtering back. U.S. Rubber has replaced its former Indonesian output through other plantations in Liberia and Malaysia, but it will likely buy Indonesian rubber. Goodyear is negotiating to return. Its first task if it does: to restore efficiency at the Bogor plant, where tire output is off two-thirds since U.S. managers were kicked out. Union Carbide hopes to reclaim its battery plant, may also start tungsten mining. Caltex, which recently signed a five-year $50 million contract to supply the Indonesian government with lubricating oils and grease, has set aside...
...entourage who, in Accra, would face jail, a trial, and perhaps a firing squad. At week's end, Ghana's strongman, Lieut. General Joseph Ankrah flew off-via a Ghana Airways jet-to Addis Ababa to talk the whole thing over. After huddling with Emperor Haile Selassie, Liberia's President Tubman and Egypt's Nasser, Ankrah relented. To Accra went a message: turn the imprisoned Guineans loose...
...League of Nations in 1920. South Africa was to oversee the neighboring former German territory of South West Africa, subject to the approval of the League of Nations and later the United Nations. As "interested parties" representing the 36 in dependent states of black Africa, Ethiopia and Liberia claimed that South Africa had violated its mandate by imposing racial separation on the territory's 400,000 nonwhites. A victory for Liberia and Ethiopia would have paved the way for an appeal to the United Nations and possibly sanctions against South Africa. Instead, the court ruled...