Word: marketed
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Dates: during 1950-1959
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...government this week planned to improve their lot still further by abandoning, for all practical purposes, the $280 ceiling on the amount of sterling British tourists are allowed to carry abroad. On the Continent the boom was so solid that last week the foreign ministers of the Common Market met in Brussels to discuss moving forward from 1970 to 1965 the date when goods, men and money will move with complete freedom through the six-nation area that already bids fair to become the world's largest trader...
Brazil and the U.S. are historic friends and close partners in trade. But to hear Brazil's xenophobes and leftists tell it, the U.S. is stealing atomic minerals, interfering with the coffee market, sucking out exorbitant profits, monopolizing Brazilian industry (or, on the other hand, refusing to invest in Brazil). Career Diplomat John Moors Cabot, who built a reputation in Sweden from 1954 to 1957 as an ambassador willing to speak up anywhere any time for the U.S., was appalled at such complaints when he arrived in July to be U.S. ambassador. Last week, in a speech, he ticked...
...backlog of work, the SEC is still expanding its operations. To educate investors to the dangers of phony promotions, the commission has been sending out posters describing the work of boiler-room operators. Now it is preparing 15-and 30-second shorts for radio and TV, warning about stock-market swindlers. Says SEC's Windels: "Fraudulent promoters can do their work so fast that the SEC often cannot stop initial damage. But if the public is warned, then these crooks have far less room to work...
...Fontainebleau Palace, south of Paris, to inaugurate a Harvard-style Institut Européen d'Administration des Affaires. Chief purpose of the new Institut will be to train a whole new generation of European businessmen capable of operating the expanded businesses made possible by the European Common Market...
...behind the Institut is Harvard Business School's Professor Georges F. Doriot. French-born General Doriot, 60 (he served in the U.S. Army Quartermaster Corps), began plugging five years ago for a European graduate business school to serve the European Common Market he saw coming. The Paris Chamber of Commerce agreed to sponsor and administer the school. The European Productivity Agency offered to help pay professors' salaries; various European and U.S. companies gave money, set up a student loan fund that is helping 80% of the first class to pay the $1,400 tuition. Harvard delegated Doriot...