Word: richness
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Dates: during 1960-1969
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...Shah's problems with the U.S. are twofold. For one thing, Washington refuses to support his claim that the entire Persian Gulf-including the oil-rich island of Bahrain, an independent sheikdom that is one of the U.S.'s few remaining friends in the Arab world-belongs to Iran. For another, the British-American Consortium that operates Iran's own enormous oilfields refuses to bow to his demands to double production (now a record 130 million tons a year) in the next five years to finance his national-development program. The Shah is not at all impressed...
...well as other places," wrote Joseph Kraft, "now look to be petty and cheap. Johnson has set a stan dard of self-restraint that many of his critics could well emulate." Calling L.B.J.'s renunciation "heroic,"Kraft declared that it is the "supreme achievement of a career rich in significant accomplishments...
...socialist realism. But Czechoslovak intellectuals have a long tradition of fighting political authority, and even under Novotný they constantly pushed to extend the bounds of the permissible. They succeeded in getting a surprising number of their works published, but for the most part they wrote secretly, kept a rich lode of manuscripts in their desk drawers. Currently, the intellectuals are celebrating Dubček's promise to prevent any future censorship by taking them out again. "It is the end of an era," says Novelist Ludvik Vačulik, an editor of the journal Liter...
...private U.S. investment in the developing countries, most of it concentrates in a few that produce marketable minerals-Middle Eastern oil, Latin-American metals. The developing countries are in a squeeze because they depend on the U.S. and other rich nations for 20% of their capital, need hard currencies to buy machines and other capital to build schools, low-cost housing, telephone systems, roads and other all-important "infrastructures" that are slow to show profits. The dilemma: countries often need infrastructure to attract capital, but cannot develop it without large amounts of capital...
Tense Trio. His latest drifting drama The Seven Descents of Myrtle, is middling-quality Williams at about the level of Period of Adjustment. The three characters who constitute the cast are scarcely well adjusted. Lot (Brian Bedford) has come home to the Delta to claim the decayed house and rich land bequeathed to him by his mother. He brings with him his two-day bride, a jittery ex-showgirl named Myrtle (Estelle Parsons), without having told her that they will confront his half brother Chicken (Harry Guardino). He is partially of Negro blood, and has lived in the house...