Word: parlaying
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Dates: during 1970-1979
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...first, Duvalier was able to parlay his anti-Communist credentials into sizable aid grants from the U.S. But he squandered much of the funds on grandiose prestige projects like the model city of Duvalierville, now a collection of decaying buildings overgrown by jungle. The U.S. finally cut all but a trickle of aid in the early 1960s. Under Duvalier, Haiti's per capita income of less than $75 remained the hemisphere's lowest, and the country was still racked by disease and hunger...
...politician's last initial and present it to him as a gift. Frenkil's sleight of hand is not confined to parlor tricks. As contractor for the House of Representatives' underground garage, completed in 1967, he has been trying for the past four years to parlay an $11.8 million contract into a $16.8 million windfall. He has managed to enlist the aid of some powerful political assistants...