Word: traded
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Dates: during 1960-1969
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Watching both antagonists from a hill were two companies of Royal Laotian infantry, ordered there by Laotian Commander in Chief Ouane Rathikoune, who depends heavily on his cut in the opium trade to buy the loyalty of his soldiers. When Chan tried to cross the Mekong in barges, the Chinese opened fire with everything in their armory. The Laotian commander tried to negotiate a truce and, failing, withdrew to watch the melee...
Bowden's departure as Commonwealth Secretary to become chairman of Britain's Independent Television Authority removed a leading opponent of any British deal with embargoed Rhodesia (see following story"). Douglas Jay's ouster as President of the Board of Trade-a post equivalent to the U.S. Secretary of Commerce-showed that Wilson is determined to pursue British membership in the Common Market, which Jay bitterly opposed. And by keeping James Callaghan as Chancellor of the Exchequer against the expectations of many political analysts, Wilson again signaled the West's financial community that he stands...
Experts may differ on the cure for Britain's ailing economy, but everyone agrees that any loss of export markets can only make things worse. Thus it was no small gamble nine months ago when Britain persuaded the United Nations to call for a ban on trade with Ian Smith's rebel, racist regime...
...irreverent study of the numbers game called How to Lie with Statistics, Author Darrell Huff coined the word "statisticulation"-the art of lying with statistics while seeming objective. One trade that statisticulates regularly is advertising. A nostrum for piles or pyorrhea is endorsed by eight cut of ten physicians because the ad agency has tirelessly spent time and money assembling panel after panel until it finds one that shows an eight-out-of-ten result...
When John Fairchild headed Women's Wear Daily's Paris bureau, he was dubbed "Blouson Noir" ("Black Jack et," or "the tough one") by irritated fashion designers, who even crossed to the other side of the street when they saw him coming. As a trade-publication reporter, the supposedly genteel Fairchild had turned out to be an acerbic, outspoken critic of fashions. If Paris designers were relieved when he left in 1960 to become editor of Women's Wear, it was the New York fashion world's turn to be surprised. As New York Times Fashion...