Word: ownership
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Dates: during 1960-1969
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When he nationalized his country's press last May. U.A.R. President Gamal Abdel Nasser showed special tolerance for a pair of his oldest supporters-Cairo's weighty (476 lbs. between them) publishing twins, Mustafa and Ali Amin, 47. Though they were formally stripped of their ownership of Cairo's most popular daily, the jazzy Akhbar el Yom (News of the Day), the Amins were allowed to keep control of the paper's twelve-man editorial board and were saddled with only one government representative, Amin Shaker, 37, once Nasser's secretary. But last week...
...Germany, recently increased holdings in Ford of Canada to 75%. U.S. automen figure that overseas markets will grow faster than the U.S. market, since there is now only one car for every 32 persons in the world to one car for every three people in the U.S. With full ownership Ford would be able to move faster in the competitive race, coordinating the operations of its world network of plants without worrying about possible objections from local minority stockholders. In addition, it would no longer have to put out an annual report, opening itself to complaints from local politicians about...
...Stanvac's assets in India, Pakistan, Ceylon, Southeast Asia, South Korea, Malagasy and East Africa. Socony Mobil will get the bulk of the assets in the rest of Africa, Australia, New Zealand, Hong Kong, Aden, Formosa and much of the Southwest Pacific. The two companies will retain joint ownership of Stanvac's rich Indonesian wells and split the oil business in Japan and the Philippines...
Samuelson describes himself as a member of the "neoclassical synthesis" school of economics-an amalgam of Keynesian insights and classical theories. He does not believe that the best government is the least government, but neither does he think that direct wage and price controls or government ownership is desirable. Because businessmen sometimes take a narrow and personal view of government policy, based on their own interests, e.g., tariffs, Samuelson says that "our thinking is somewhat at cross-purposes with business philosophy...
...proposal calls primarily for common ownership of expensive theatrical equipment, such as lighting apparatus, stage risers, and stage construction tools. By combining their efforts, House societies could reduce budgets and thus expand programs, Phillips said...