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Word: year-end (lookup in dictionary) (lookup stats)
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...clip the U.S. eagle's tail feathers and declare economic independence. To the embarrassment-and distress-of the U.S., Canadian businessmen scrambled after trade with the Communist regime in Cuba, stayed strictly neutral in the politics and the battle. And then there is the Canadian government's year-end emergency budget, which promised a boost for Canadian business at the expense of U.S. capital investors. To Canadian enterprises went $60 million worth of tax concessions designed to prime Canadian investment at home; to foreign stock and bond holders went a heavy 15% tax on the flow of dividends...

Author: /time Magazine | Title: Canada: Blaming the Eagle | 1/13/1961 | See Source »

...Soviet dictatorship goes to a lot of trouble to show the world, its subjects and itself that it is running a democratic state. High point in the Bolshevik show of consulting the people is the year-end gathering in Moscow of a thousand-odd poets, party hacks, dairy maids and Siberian sheepherders for the session of the Supreme Soviet. At this congress of jabber and gabble, the duly elected delegates of the people hear reports on the state of the union, utter a few carefully stage-managed criticisms of same, and then, in a mockery of the ancient parliamentary power...

Author: /time Magazine | Title: Russia: The Engineering of Consent | 1/2/1961 | See Source »

There was much to remember in 1960 before forgetting. With the business boom, companies were able to increase their year-end bonuses to employees by 20%, to a national total of $1.4 billion, still have plenty left to pay for parties. One company alone, Yawata, the nation's largest steel producer, spent an estimated $150,000 on its bohnenkai last year. Besides regarding the parties as a safety valve to let their hard-working employees blow off steam, businessmen use them to entertain favored customers and government officials. At other times in the year, such entertaining would be frowned...

Author: /time Magazine | Title: Business Abroad: Bohnenkai Benders | 1/2/1961 | See Source »

...Years of Crisis (CBS, 10-11 p.m.). Edward R. Murrow once again moderates CBS's year-end roundtable of correspond ents called in from all over the world to discuss the great events of the past year...

Author: /time Magazine | Title: Time Listings: Jan. 2, 1961 | 1/2/1961 | See Source »

Last month Kubitschek's money presses clanked out 4.4 billion cruzeiros worth ½? U.S. each, will probably add another 10 billion this month to meet year-end expenses. Total money in circulation: 194 billion cruzeiros-nearly three times the amount when Kubitschek took office. Brazil's builder-spender increased the internal debt more than five times, more than doubled the foreign debt. As a result, the balance of trade has slumped from a $194 million surplus in 1956 to deficits as high as $283 million in the succeeding years...

Author: /time Magazine | Title: BRAZIL: Legacy of Woes | 12/19/1960 | See Source »

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