Word: res
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Dates: during 1950-1959
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Under a governmental austerity ruling that cut back their budget 30%, officials of Venice's famed International Festival of Contemporary Music had canceled the prestigious operatic premiéres of earlier years (e.g., Stravinsky's own 1951 Rake's Progress, Britten's 1954 Turn of the Screw, Prokofiev's 1955 Flaming Angel), pinned all their hopes and a large part of their remaining budget on the world premiére of Stravinsky's Canticum Sacrum ad Honorem Sancti Marci Nominis (Canticle to Honor the Name of St. Mark...
...reached a dramatic 30,000 ft. (the record: 43,000 ft). Patiently he tacked back and forth, working his way upward, riding air currents as buoyantly as a beach boy on a surfboard. Once over the crest, he slid easily downward to the French naval airfield at Hyères, just eleven miles east of Toulon. No other glider got close...
FIRST PRIVATE LOAN for European Coal and Steel Community from U.S. bankers is coming. Six-nation group set up in 1952 to provide single production and selling group for coal and steel has asked three big U.S. investment houses (Kuhn, Loeb; First Boston; Lazard Frères) to help plan multimillion loan to modernize coal mines, coking plants, etc. Previously, Community borrowed $100 million from U.S. Export-Import Bank...
...bases and refugee camps, Premier Gamal Abdel Nasser heard a radio bulletin: the U.S. had approved a French shipment to Israel of twelve Mystère jet fighters out of its NATO stocks. Egypt's soldier-strongman blew up: the French jets, added to a dozen Mystères and 24 Ouragan jets already shipped, would undo much of the advantage Egypt had gained by buying Soviet-bloc arms...
...home the point, no fewer than 20 new factories are to be officially opened. Heading the list is a $2,000,000 General Electric plant to make circuit breakers; other factories will produce such goods as coils, rubber buckets, screen wire, photolithography, saber saws, frozen foods, billfolds, brassières. The openings will bring to 400 the total of plants drawn to Puerto Rico by its famed Operation Bootstrap...