Word: vietnamize
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...That realization is causing a rapid shift in economic policies by governments that are increasingly concerned about maintaining growth. A few months ago, the biggest threat appeared to be inflation - running at double-digit rates in countries including Indonesia, India and Vietnam - which led Asian central bankers to hike interest rates, hoping to cool off overheating economies and keep a lid on rising costs. But inflation worries have eased with recent sharp declines in the prices of oil and other commodities. Now policymakers are opening the money taps again. In September China's central bank lowered its key interest rate...
...Still, roughly 25% of final exports from Asia are bound for America, and with consumer spending in the U.S. slipping, the manufacturing engines that drive many Asian countries are starting to sputter. The most vulnerable are those with high dependence on exports, such as Taiwan, South Korea and Vietnam. In China, weak export orders combined with rising costs are forcing tens of thousands of small factories to close in the country's industrial zones. The woes of exporters are felt throughout the region, which is tightly linked by trade in manufacturing parts and machinery. Slower sales to the U.S. mean...
Memorial bracelets have been around since the Vietnam War, when a student group, Voices in Vital America (VIVA), began a campaign on behalf of missing American soldiers and prisoners of war, using silver bands modeled after that of TV host (and future Congressman) Robert Dornan. The bracelets took off--Bob Dole, Ronald Reagan and Sonny and Cher all donned POW/MIA bands at one time or another--and VIVA sold more than 5 million before disbanding in 1976. (They are still available through the National League of Families...
...letter appears unlikely to change Harvard’s policy toward ROTC, which was banned from campus in 1969 amid anti-military sentiment during the Vietnam War. ROTC has since been blocked from returning due to the military’s “don’t ask, don’t tell” policy, which bars openly gay men and women from military service...
...East, to extreme poverty in the United States create hardly a breeze in the rarified air at the top of the Ivory Tower. Unlike the days of our parents’ generation, when a combination of American foreign policy and bad grades could send an Eliot resident off to Vietnam, in the post-draft era most Harvard students can be assured of a comfortable existence after graduation regardless of major political developments...