Word: seven-year
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...metals and machines-but are also continuing to buy the popular consumer goods stocks. There seems good reason for strength in both. Last week, reporting on its quarterly consumer survey, the University of Michigan revealed that the U.S. consumer's optimism and inclinations to buy are at a seven-year high. At the same time, Ford and Chrysler officials predicted that Americans may well buy 8,000,000 new cars in 1964, making the year the second record-breaker...
...need for new power plants outpaces their construction. In a seven-year program, Australia is doubling its electrical output, partly to serve such expanding aluminum giants as Alcoa, Alcan, Kaiser and Pechiney. Iran has completed a new water and power project that is hailed as a Middle East TV A and will soon include an $800 million petrochemical complex. Brazil desperately needs more power; in the industrial city of Sao Paulo, which boasts steel mills, auto plants and TV antennas on slum roofs, 30% more power is needed than is produced...
...chance at a job. Young men as diligent as that will eventually get ahead-even if they have to storm the presidential palace, burn a minister's Mercedes or join the Union des Populations Camerounaises-a rebel group that has conducted the longest, bloodiest rebellion in Africa, a seven-year war that has cost 50,000 lives...
...over-response, it came none too soon: Khrushchev had been crying in vain for fertilizer since 1958. Now, armed with a seven-year, $47 billion "chemicalization" program that will pour out more than 80 million tons a year of mineral fertilizer as well as other synthetics, Khrushchev said that, with help, Russia by 1971 would have a chemical industry comparable to any that Western countries have taken decades to build. Said he: "It would be stupid to ignore the achievements of foreign science only because they were made in a capitalist country. Vladimir Ilyich Lenin did not consider...
...genuine; if it began with parts of Schubert's Unfinished Symphony, Georgiev knew the message was a ruse designed to foil would-be counterspies. For a while, Georgiev played Name That Tune like an expert. Then, in September, he was somehow nabbed by Bulgarian police, and his seven-year career as a professional spy was ended...