Word: primed
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Dates: during 1950-1959
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...with President Kwame Nkrumah of independent Ghana and has a mystic concept of his role in the future greatness of his continent. "All Africa is my problem," he boasts. A Marxist-trained unionist himself, Sekou Touré, 36, envisions a Guinean government in which labor unions will be the prime instruments of administrative power...
NATO Unity Prime Deterrent...
...Korean war, has added little to the extension or expansion of trade between that country and Communist China . . . Until such time as the Communist government of China expiates its wrongdoing under international law there certainly will be no justification for the granting of recognition.'' The speaker : Prime Minister John Diefenbaker...
...their soth wedding anniversary, celebrated on the French Riviera, Sir Winston and Lady Churchill received the attentions of an esteeming world: telegrams and letters (from the Queen, the Prime Minister, the President of the U.S.), hampers of flowers, a gallon of 119-year-old cognac, a 25-lb. chocolate cigar. The day was quiet, with a few champagne toasts on the villa terrace; but, as the New York Times editorialized, it was "still another great day in a life that has known much greatness...
...week continued tightening credit, gave the New York, Cleveland, Richmond and St. Louis Federal Reserve Banks permission to up the discount rate from 1¼% to 2%, continuing the upward move initiated by the San Francisco Reserve Bank (TIME, Aug. 25). The earlier rises brought no change in the prime rate (i.e., the interest charged customers with blue-chip credit), which is set by New York banks that make 20% of bank loans to business. But as soon as the New York Federal Reserve Bank raised its discount rate, New York banks increased the interest on prime loans from...