Word: productions
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Dates: during 1950-1959
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...infused the Greek government with a new spirit. Son of a Macedonian schoolteacher, Karamanlis still bore traces of the simple manners of the north, displayed an honesty and a vigor alien to the wealthy Athenians who generally dominate Greek politics. Under his driving leadership, the gross national product jumped 9% during 1956-57, and the Greek farmer prospered as never before...
...Researcher Enders picked a virus strain that had gone through 24 crops in human kidney cells and 28 in cells from the amniotic sac ("bag of waters"). By then, it would grow in eggs. He grew six crops that way and 14 in chick-cell cultures. With this end product he inoculated fresh, measles-free monkeys. The weakened virus lived a while in their throats but never multiplied in their blood. The monkeys developed antibodies which, months later, still gave protection. One major problem remained: to show that the weakened virus, which might be used as a vaccine, cannot cause...
...lifted restrictions on pound notes: any amount may be brought into Britain, instead of the previous ?10 limit. Unemployment has risen but is only 1.9% of the labor force, not enough to bring a shift in the government's tight credit policy. ¶Italy's gross national product increased more than 5% last year, is expected to continue to climb; though the industrial production index in January was down seasonally from December, it still topped January 1957. Housing starts were down, but Italian leaders feel that the U.S. will halt its recession, avoid any effect on the Italian...
SLUMP WILL END by fourth quarter of 1958, predicts Leon Keyserling, onetime chairman of President Truman's Council of Economic Advisers. Keyserling expects economic activity for final quarter to run 3½% faster than 1957 pace, and this year's gross national product to hit $437.7 billion v. last year's $433.9 billion, with large gains in personal-consumption expenditures (up $3.6 billion) and U.S. Government buying (up $1.6 billion...
...industry was nearly defunct. The first few small orders from occupation forces for stainless-steel flatware helped keep its 15,000 people alive. Then in 1949, some U.S. cutlery companies saw in Tsubame a wonderful opportunity. The U.S. companies wanted low-priced stainless steelware to undercut the high-quality product that Europeans had begun shipping to the U.S. They sent technicians to Tsubame, supplied it with equipment, orders and credits When U.S. silverware makers also be gan feeling hot European competition against their plated tableware, they too joined in building up Tsubame's production in order to save...