Word: low-cost
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...Arquitecto Peruano, and signed on as a government public-housing consultant. "I was interested in politics," he says, "but purely from the professional point of view." In 1945 he ran for the Chamber of Deputies, won a seat from Lima and quickly made a name for himself fighting for low-cost public housing...
...national budget will allow, Belaúnde has made some progress. His government has already built thousands of classrooms, and 20,000 low-cost housing units are under construction. The oil controversy has held down the U.S. Government loans that he needs to implement his social schemes. Nearly two-thirds of the country's 11 million people live in the bleak Andean highlands; more than half are illiterate, and one-third of the 3,000,000 school-age children still have no schools...
...first Australian ship ever to carry Australian oil. Its journey also marked the high point in a one-man crusade to save Australia's $118 million coal industry from an onslaught by foreign oil companies, which have been saturating the market with vast quantities of low-cost, waste-product fuel oil from their Australian refineries...
...Badr when the Russians first moved in to build a $15 million Red Sea port at Hodeida in the feudal land. When Al Badr turned conservative in 1962 under Republican attack, the Soviets reversed themselves to back the opposition headed by Abdullah Sallal, built him an airport and 150 low-cost houses, promised $72 million more in various projects. None have even been begun, since Moscow is plainly worried that it may have switched to the wrong horse in midstream. All told, Moscow has offered $142 million in aid, and other Red nations another $60 million plus...
...offered U.S. industry low-cost labor and generous tax incentives; today the factories of more than 50 major U.S. companies are spread over the island. He brought in the hotelmen who turned Puerto Rico into the Caribbean's richest tourist market, with 500,000 visitors spending $100 million last year. In 1952, Muñoz won U.S. approval for a unique "commonwealth" status, combining many advantages of statehood (U.S. protection and citizenship) with those of a possession (no federal taxes). All of this has combined to give Puerto Rico an annual per-capita income of $830, highest in Latin...