Word: nationalized
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Some countries just have no luck with democracy. One of them is Bolivia, a landlocked Andean nation that has somehow managed to survive 188 coups in its 154 years of independence. Five months ago, ending a decade of military rule, Bolivia held presidential elections that alas produced no clear-cut results. Congress then selected Walter Guevara Arze to serve as interim President until another vote could be held next May. Last month Colonel Alberto Natusch Busch, a former commander of the military training school, ousted Guevara in a coup. But Natusch decided to vacate the presidential palace-literally through...
...rising price has already forced the oil-importing developing nations to pile up a staggering $300 billion in foreign debts, and some Third World countries are close to bankruptcy. A few big defaults could severely shake the international banking system. As poignant testimony to the squeeze on all the developing countries, Sri Lanka is now begging for mercy from the OPEC price pinch. In a government-sponsored petition that President Junius Jayawardene hopes will be signed by 3 million of his nation's 14.5 million citizens, the island republic pleads plaintively that the cartel grant special concessionary prices...
Like an aging heavyweight gone to flab, U.S. industry has fallen behind some of its world-class competitors. Many steel, rubber, auto and other essential plants have become outmoded because not enough capital has been invested in them. If the nation is to restore its technological edge, U.S. industry will have to modernize by building new factories and closing inefficient plants...
...worker as their American competitors. Over the past decade, productivity growth in the domestic industry has declined from 3% a year to 2%, while wages and benefits have risen from $5.38 to $16.53 for hourly workers, making the 455,000 U.S.W. members among the best-rewarded in the nation. The U.S. industry has paid a high price for its deal with the union five years ago to avoid strikes by submitting disagreements to arbitration...
Well before noon on Christmas Day, horror-stricken adults will issue forth from every child-equipped house in the nation. They will be dismayed because they have seen the future. The future works, as it turns out, but only if they make a run for more batteries. Not, as in the good old days, a couple of 10? Evereadys, but bushels of expensive nine-volts, pecks of Penlites, and Cs and Ds in numbers beyond counting...