Word: millions
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Dates: during 1960-1969
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...embassy. Pedestrians sometimes mistake it for a new museum, stroll in to peer at Bonnard's radiant Après le Déjeuner in the foyer. The house is not an embassy or museum, but neither is it an ordinary home. It is the new, luxurious, $1.5 million-plus home of David Lloyd Kreeger, 59, and his wife Carmen, who built it as a sort of shrine...
Trade Without Treaty. Siberian development is only part of the broadening trade between Japanese eager to export consumer goods and know-how and Russians avid for capital and technical advice. Japan's trade with Russia doubled last year to $610 million and reached $500 million for the first seven months of this year. Not even the fact that the two nations, which dispute ownership of small islands lying between northernmost Japan and the Russian-held Kuriles, have still not signed a World War II peace treaty seems to slow down the economic get-together. One reason for this...
Trickle in a Thaw. The first Russo-Japanese venture in Siberia is already under way. This summer Communists and capitalists after much dickering over terms signed an agreement under which Japanese banks will grant a $133 million, five-year loan at 5.8% to enable the Russians to develop Siberian timber cutting. In addition, a consortium of 13 Japanese companies, including such big trading firms as Mitsui and Mitsubishi, will be allowed to sell $30 million worth of consumer goods to Russian settlers in Siberia. As repayment of the loan and to cover its interest, the Russians over a five-year...
...pact, which had been discussed for a decade before the Russians stopped saying nyet, is the first trickle in what the Japanese hope will become a Siberian thaw. Russia is already proposing that Japan might like to lend another $140 million to build a pipeline from Siberia's Ohka oilfields to the sea and perhaps take part in a $1.2 billion program to develop copper mines near Lake Baikal. Japan, which has few raw materials itself and is forced to import oil from the Middle East and copper from Africa, is understandably interested in these and other ventures...
...sales rise of 35% over the same month last year. But big gains were also made by General Motors (26.8%), American Motors (27%) and Ford (8.9%). All told, it was the fourth record month in a row, and sales are now running at an annual rate of 10 million cars...