Word: panama
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Over the years, Ludwig has added some profitable frills to the basic technique. His ships are owned by a bewildering tangle of companies incorporated in other countries, particularly Liberia and Panama. The reasons are simple. "Flag-of-convenience" countries like Liberia charge lower registration fees than others, impose few safety regulations and allow industry to hire foreign crews at low wages. In addition, by registering both his ships and the companies that own them in countries that levy no income tax, Ludwig saves millions of dollars each year...
PETROLEUM AND PETROCHEMICALS. As well as owning a refinery in Panama, Ludwig is a partner in development of a refinery and petrochemicals complex in Dade County...
...last week was followed, a few moments later, by the crowning of "Miss Carbon Copy," her twin sister. Both presided over the presentation of awards for extraordinary bureaucratic finesse. Winners received a gold-painted, potbellied, disheveled bird, sculpted by Boren himself. Among the recipients were ex-Ambassador to Panama and former Peace Corps Director Jack Hood Vaughn and John Brayton Redecker, a State Department official and author of CASP: A Systematic Approach to Policy Planning and Analysis in Foreign Affairs. Absent was Vice President Spiro Agnew, tapped for "his contributions to the state of the communications...
...Peruvian nationalist junta led by General Juan Velasco Alvarado have been feuding over Peru's seizure of U.S. properties. After an unfortunate initial delay, the U.S. won warm thanks from the Peruvian generals for its effective aid. From the U.S.'s Southern Command in Panama came a 40-man rescue team three days after the quake, and giant Chinook helicopters from the carrier Guam lifted supplies into remote Andean villages that otherwise were completely cut off from the outside world by landslides. Washington also donated $10 million in relief funds...
...define the difference between war and murky actions short of it. As a result, Chief Executives have felt increasingly free to undertake the military maneuvers required of a major nation. For its part, Congress did not assert authority over such actions as Theodore Roosevelt's military move into Panama in 1903 and Woodrow Wilson's willingness to do what Taft would not−send troops to chase Pancho Villa's raiders in Mexico...