Word: vastness
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Dates: during 1960-1969
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...Chairman Newton Minow's "vast wasteland" speech...
...whole region? Remarkably, much has already been accomplished. Leaders of four of the nations that share the Indo-Chinese peninsula-Thailand, Cambodia, Laos and South Viet Nam-have buried deep political antagonisms and have been swept up in what they call the spirit of the Mekong. They envision a vast project to harness the Mekong River for power, irrigation and flood control; that could enable the region to grow enough food to feed much of Asia and attract foreign investment to the participating countries. The 2,600-mile Mekong, the world's eleventh longest river...
...what now-what lies in store for the U.S.-and for the rest of the world-in the 1970s? In a second part of the section TIME attempts to answer the vital questions. The story describes the vast changes to come in the nation's social and political climate, indeed in the entire quality of life...
...Peking appear to have made no progress. The reason for the deadlock may well be that the Soviets refuse to withdraw their troops from disputed areas of the 4,500-mile border until the Chinese quit insisting on a complete Soviet renunciation of the czarist treaties that ceded vast areas of China to Russia...
Tight money might have reduced inflation faster if big banks had not discovered ingenious methods of avoiding the Federal Reserve's pincers. To help meet corporations' vast appetites for loans in the face of the credit shortage, U.S. banks borrowed $13.3 billion in Eurodollars?U.S. dollars in private hands abroad?and brought them home. The board finally closed that loophole by imposing a 10% reserve requirement on borrowed Eurodollars. Thereafter, the banks circumvented restraint by issuing vast quantities of commercial paper ?unsecured promissory notes. Belatedly, the Reserve Board plugged that loophole by placing an interest-rate ceiling on commercial...