Word: market
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Dates: during 1970-1979
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Turkish Air Force jets boomed over the southern provincial capital of Maras, (pop. 136,000) early last week, while crack army and commando units took up positions in the usually quiet milleniums-old market city. But not even that show of Turkish government force was enough to quell thousands of Muslim rioters who rampaged for four days through Maraş, killing 102 people and injuring nearly 1,000. Additional armored vehicles and paratroops had to be moved in. Finally, an exhausted Premier Bülent Ecevit declared martial law in 13 provinces where clashes also had occurred. Said Ecevit...
...acre Principality of Liechtenstein, bought 16,000 acres of ranch land. Across the country, other rich aliens are doing the same. Germans and Italians are the heaviest investors, followed by the British, French, Belgians, Canadians and Dutch. Neither the Arabs nor the Japanese seem to be in the market. Most of the buyers are good neighbors who often lease the land back to Americans and pour in development money to introduce modern, small-farming techniques...
Wise Europeans have long had a philosophy of export or die. Now, with its trade deficit so enormous, the U.S. should adopt such a philosophy. "But a large body of American industry is still very provincial," says Lyet. "The American businessman, who has a tremendous domestic market, is often not attracted to the never-never land of foreign markets...
...anyone doubts the potential for export, let him consider the case of China. Not long ago, that market seemed hermetically closed. Now Western businessmen dream of selling just one handkerchief to each of the 1 billion Chinese; that would be enough to keep two or more big textile plants rolling for a year. Lyet got onto that new frontier rather early. He visited the Middle Kingdom more than a year ago, and soon thereafter Peking placed with Sperry one of its first significant orders for Western computers...
...severe pain from a bad case of hemorrhoids and that surgery was being considered, inevitably there were some jokes. It is not an ailment an individual elects to advertise unless, like Carter, he must in order to cancel a day's schedule without giving the stock market a heart attack. There was also a great deal of sympathy, tacit and expressed. Wrote one Egyptian: "May Allah cure you. This illness should have been inflicted on an unjust leader rather than you, O Carter...