Word: latest
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Dates: during 1960-1969
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...Soviet Union is unsurpassed in the art of defense budgetry. The point of the game is not so much to lay out actual fiscal allocations as to demonstrate to outsiders the latest Kremlin international posture. Last week 1,500 delegates to the Supreme Soviet, Russia's rubber-stamp Parliament, met in the Great Kremlin Palace to approve the 1970 budget, and as usual, defense spending attracted the most attention. According to the official figures, the Soviet arms budget will rise only 1% to 17.8 billion rubles ($19.6 billion). The 1970 outlay will account for only 12.4% of the total...
...latest battle between Panthers and police erupted in Los Angeles last week. It came against a background of continuing racial enmity, worsened by last May's re-election of Mayor Sam Yorty over black Councilman Tom Bradley. At 5:30 a.m. last Monday, two Panther offices and one private home were attacked by 300 Los Angeles policemen armed with arrest warrants, search warrants, shotguns, AR-15 rifles, tear-gas grenades, satchel charges, one helicopter, 6-ft. steel battering rams, a National Guard armored personnel carrier, and a fire department "jet-ax" used to cut through the roof of burning...
...informing them which walkouts were on for that day. Last week, however, one group of workers took the unusual step of calling off a scheduled 72-hour strike. They were employees of the Italian Red Cross, and they were desperately needed to help out in the country's latest disaster -a flu epidemic...
With the talks going nowhere, China is preparing for the worst. The latest evidence of Peking's efforts to condition its huge populace to the possibility of war comes from two U.S. citizens who were seized by Chinese fishing junks last February while yachting between Hong Kong and Macao. Released last week, they told of seeing widespread roadblocks and military activity whenever they were shifted from place to place. From his shuttered room in a rural commune, Simeon Baldwin, Hong Kong-based manager of an aircraft-parts firm, said that he could hear the local army units at bayonet...
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...