Word: partnered
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Dates: during 1950-1959
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Merchandise imports are greater than exports, and they are growing faster than exports. In particular, Canada's deficit with its biggest trading partner, the U.S., is growing. The huge flow of long-term U.S. investment, which since the war has filled the trade gap, is slackening. At the same time, outgoing dividends are increasing in proportion to the cumulative total of investment...
...practical. For all his proud Tory brows and mustache, Macmillan possesses an agile intelligence and free-ranging historical imagination that have enabled him to adjust cheerfully to the limits of Britain's present-day power, and to work to make his country the "senior junior partner in the Western alliance." And domestically Macmillan is an unabashed pragmatist who looks to the right, borrows from the left, and walks grandly through the middle in the immemorial British tradition...
...substance. When revolutionary Iraq walked out of the Baghdad Pact last March, the remaining members along the strategic Northern Tier of the Middle East-Turkey, Iran and Pakistan -were badly shaken. To reassure them, the U.S. hastily signed bilateral defense treaties with each. (Unlike Britain, which is a full partner, the U.S. has consistently refused formal membership in the pact for fear of stirring up new resentment in India, Israel and most of the Arab states.) With this encouragement, the pact members moved their headquarters from Baghdad to Ankara, and rustled up a new name: the Central Treaty Organization...
...response, the chief of a nation that the U.S. considers a fully equal Northern Hemisphere partner walked to a bank of microphones and put relations along the Rio Grande in a nutshell. Said López Mateos: "No problem exists or can exist between our governments capable of weakening or jeopardizing this friendship...
Boiler Shops. It is the SEC's delays in approving registrations of new issues that are spurring Wall Street's biggest complaints. Said Robert L. Winkler, partner of Bernard Winkler & Co.: "By the time the SEC gets around to approving a registration, market conditions have changed and issues often cannot be floated." In the year ended last June 30, the SEC approved an alltime high of 1,226 securities-registration statements, a 34% increase over the previous year. In many cases the time needed for an O.K. was 28 days after filing, eight days more than...