Word: southeast
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Dates: during 1950-1959
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...refused to bust during the U.S.'s recession months is now threatened by a downturn. Across the Pacific, Red China, out to dominate Asia politically and economically, has declared open economic war on Japan, perfecting an art in which the Japanese themselves once excelled: dumping cheap goods onto Southeast Asian markets. The deep-running courses of these economic tides are analyzed in FOREIGN NEWS: Threat of Recession and Squeeze from Peking...
...Hong Kong, Chinese Communist raincoats sold last week for 40% less than in Canton. The Japanese admitted that Chinese underselling had "destroyed" Japan's newsprint and grey cotton sheetings exports throughout Southeast Asia, now threatened to undermine Japan's markets in soybean oil, cement, structural steel, window glass. In Jakarta, Indonesians were snapping up Chinese yarn at $390 a bale, $25 cheaper than Japan's yarn. In Thailand, Japanese cotton piece goods had been virtually driven from the market by Chinese prices, which were as much as 15% lower. Other Red bestsellers: bicycles, sewing machines and scented...
...early hours one January morning, the clang of church bells broke the stillness over the vineyards and olive groves of Sant'Angelo in Villa, about 50 miles southeast of Rome. At the sound of the tocsin, villagers tumbled out of bed and, dressing as they ran, swarmed to the church, shouting threats. The alarm had been sounded by two early risers who had spotted the enemy on their way to work. The enemy: Parish Priest Andrea Tarquini, who, flanked by three carabinieri, had tried to slip secretly into the church to sign a document that the whole village considered...
Beating to windward in a black night of rain squalls rolling up from the southeast, the vanguard of the 21st biennial Newport-to-Bermuda yacht race boiled past the finish line off St. David's Head in a swirl of windy confusion. Busy skippers forgot to flash their sail numbers in code to the race committee, and their boats slid by in the gloom, unrecognized and unrecorded. To compound the chaos, a few pessimists figured that they had failed to fetch the line, came about and crossed it again. Not until they had suffered through an hours-long session...
...windward. Four days out, Finisterre got another break when the big boats up ahead ran into a calm. While they slatted helplessly, the smaller boats like Finisterre closed the gap the big fellows had opened up. On the last day, when storms made up in the southeast, Finisterre held her own in dusty going and drove home an easy winner...