Word: parliament
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...anniversary of his revolution, July 23, 1952, is one of President Nasser's great occasions. At last year's Cairo blowout, he announced seizure of the Suez Canal Co. This year he planned to inaugurate the first session of his new one-party Parliament, and his followers hoped for new excitements...
...rich Iran, long regarding foreign interest in its black wealth with suspicion, last week put out the welcome mat and declared open house for all comers. After two days of debate, the Majlis (the lower house of Parliament) passed a new law that opens up vast new areas of Iran for oil exploration and development under surprisingly favorable terms for foreign investors...
...terms were surprising because only a few months ago Iran demanded a 75-25 profit split from interested Italian investors v. the 50-50 split that is general in the Middle East. Parliament was preparing to write the new terms into law when the Shah intervened. Realizing that the new terms would discourage foreign money and know-how, he put his weight behind a new, more liberal law containing a 50-50 provision, plus other favorable provisions for foreign investors, e.g., a liberal write-off of expenses before profits are figured...
...last week could match Peking's Huai Jen Hall, site of the fourth meeting of Red China's National People's Congress. Led off by Premier Chou En-lai (TIME, July 8), Peking's Marxist mandarins popped up, one by one, to assure the pseudo Parliament that the nation was in splendid shape. Then, one by one, they cited statistics demonstrating that the best-laid plans of Mao's men have gone agley...
...another gesture to Britain, Diefenbaker timed the next session of Parliament to coincide with Queen Elizabeth's autumn visit to Canada and the U.S. The Queen will open the session Oct. 14-the first time that a reigning monarch has opened a Parliament in Canada...