Word: rosee
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Dates: during 1960-1969
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Krebiozen was never approved for prescription use by physicians generally. Dr. Durovic distributed it "for investigational use" to selected doctors who were supposed to describe their patients and report their results. These were inconclusive, and voices rose for a scientific test, to be run by the National Cancer Institute, to determine what the drug is and how it works, if indeed it works at all. The Ivy-Durovic group could never agree with the institute on plans for a test, and each side accused the other of bad faith. Last February, in hopes that an agreement had at last been...
...relatively stable prices and declining labor costs in a time of economic growth. U.S. Steel's labor costs per ton of steel shipped in 1962 were the lowest in three years. But the increase in labor efficiency also adds to the nation's problem of unemployment -which rose to 4.8 million job hunters last month. A decade ago, one new job was created with every $10,000 gain in the gross national product; now the increase has to be more than...
...rate is edging close to the 4% charted by Chancellor of the Exchequer Reginald Maudling, and some economists predict that it will exceed 6% in the second half. Partly because a 2% unemployment rate has steadied labor costs and export prices, Britain's exports in the first half rose 6% over the same period in 1962, its balance-of-payments surplus hit a four-year high, and the pound sterling strengthened...
Closer Union. Prosperity and new markets are helping to tie together the North Atlantic economies. Last week the U.S. Commerce Department reported that U.S. capital investments in Western Europe during the first quarter of 1963 rose to $416 million-double last year's quarterly average. The Common Market economies are moving closer together, and last week the Six carried out another scheduled 10% industrial-tariff cut among themselves, bringing their total tariff disarmament to 60%. Equally important, the Common Market Commission recommended that its members adopt another major unifying proposal by Commission Vice President Robert Marjolin of France...
...could have been the annual meeting of any successful London bank. The chairman reported that its total transactions increased 105% in 1962 to $31 billion, and that profits rose 33% to more than $1,000,000. But there was something different about this bank: it was the Moscow Narodny Bank, owned and operated by the Soviet government, in the heart of London's City...