Word: demanded
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Dates: during 1960-1969
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Even if talks are resumed, U.S. officials do not expect any immediate progress. For one thing, the Chinese Communists demand, as a precondition for even the smallest agreement, that the U.S. abandon the Nationalist government on Taiwan. Also, few Westerners comprehend how far Mao's China will go to protect its ideological purity. In the minds of Chinese leaders, cultural exchanges and the arrival of Western journalists would only serve to sully the haven of unadulterated Communism. In fact, the most that the U.S. could hope for in the near future would be an agreement to hold regular discussions...
...Subcommittee on International Exchange and Payments. He said that the U.S. "would pay a stiff price for any compromise with South Africa." A floor under the private price of gold, he argued, would encourage speculation by taking the risk out of it, and would possibly tempt foreign bankers to demand conversion of their dollar reserves into gold...
...marketing, the key to growth is anticipating, even creating, demand for new products-and some of them surpass yesterday's wildest fantasies. Four-color, full-page advertisements for one such item have been appearing in Mademoiselle, Harper's Bazaar, Cosmopolitan and other publications. An unclothed, deadpan model looks out from under the slyly provocative headline: "Relax. And Enjoy the Revolution." The product is Cupid's Quiver, a $3.50 package of twelve sachets of liquid douche concentrate that is offered in two floral scents (orange blossom and jasmine), as well as two flavor scents (raspberry and champagne...
Businessmen are still borrowing expansively and betting on continued inflation. They figure that demand will remain high, and so they had better build plants and buy equipment now instead of waiting until prices go up still further. Despite dwindling profits, scarce credit and excess capacity, the Government's latest survey shows that businessmen plan an 11% increase to $71 billion in their investment for plant and equipment next year. Capital spending has been an important force behind inflation in recent months, and such an increase would add greatly to price pressures...
...when they occur; thus a 1970 recession would not necessarily make stock prices fall further. But it will be hard for stocks to rally briskly until credit is eased. Economists generally expect that interest rates will taper off slightly?perhaps by 1% or a bit more?as production and demand slacken in the year ahead, but that they will stay fairly close to their historic highs for as far ahead as anyone...