Word: nationalizing
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Dates: during 1950-1959
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...line of fire for once. It was refreshing to hear Nasser speak for the first time of "a Communist reign of terror," and to have Kassem denounce not the West but Nasser. And to hear the Communists, rather than the Western powers, accused of dividing the Arab nation was a welcome change. Yet those who now instinctively saw in Nasser a welcome new ally overlooked his own heavy and continuing dependence on the Soviet bloc. London's conservative Daily Telegraph noted the irony that it was Nasser who first invited into the Middle East the Communist forces that...
Carrying the Male. But there remains one enormous roadblock on the path of female emancipation: the Japanese man. Few husbands will take their wives out for an evening. Their usual excuse is that their employers, for business reasons, insist that they attend numerous geisha parties, where much of the nation's business is still transacted. In the geisha houses, the jokes and sake drinking have not changed in a thousand years. Tipsy politicians and businessmen play such children's games as "scissors, paper, rock" or the passing of lighted tapers until they go out, to determine who must...
...crucial question for Africa: Will its nationalist explosions frighten away foreign investment capital? U.S. firms that cannot wait for all the returns to come in are answering the question with cautious optimism. In December, New York's First National City Bank, the nation's third largest, established its second branch south of the Sahara, in Johannesburg. The huge Chase Manhattan Bank has followed suit. Vice Chairman David Rockefeller, 43, just back from a five-week African tour, expects to open up other branches in South Africa. "After that, we will be thinking about moving into the Rhodesias...
...bill authorized Alessandri to grant a once-and-for-all nationwide wage adjustment, reorganize the tax system, fire civil servants, establish a new monetary system, modify the nation's banking. He will also be empowered to reorganize public utilities, consolidate government or semi-government agencies, control monopolies and practices that restrict free trade. The powers are drastic, but so is the squeeze on Chile's economy. The 1959 budget of $465,600,000 is unbalanced by $242,500,000; industrial output has sagged 10% in the past three years; food production falls far short of keeping up with...
...last week, what had started as an idle lark had become a serious affair for both Thompson and Brown. Not only was the flare-up drawing headlines in Providence papers, but newspapers across the nation were carrying deadpan accounts that bore no hint of its whimsical beginnings. Wincing at the story's effect on alumni fund drives and student recruitment programs, Brown officials, with hopes of clearing the air, approved a debate between Thompson and Athletic Director Paul F. Mackesey...