Word: effect
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Dates: during 1960-1960
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...Garcia's good intentions. Said loyal Nacionalista Arturo Modesto Tolentino: "When relatives of a President are able to construct mansions overnight after that President comes to power, can we prevent suspicion on the part of the people that such sudden opulence has been acquired through that President? The effect is the weakening of public faith in that President himself, and nobody can take him seriously when he preaches against graft and corruption.'' Even as Garcia gathered top Nacionalistas on his yacht to celebrate his victory, hard-working Finance Secretary Aytona was canceling an order for machinery because...
Like Banda, she talked of nationalizing the foreign (mostly British) holdings in banking, insurance companies and plantations, and investors wondered if, unlike shrewd old Banda, she might actually try to put such disastrous ideas into effect...
...without objection from the U.S. delegate, the International Sugar Council met last week to rejigger world export quotas in Cuba's favor to make up for the loss of the U.S. market. The council authorized other nations, including Soviet Russia, to increase their purchases by 1.250.000 tons. In effect, the new quotas will keep Cuban sugar exports (and employment of Cuban sugar workers) near normal, though Cuba will still lose the extra $150 million the U.S. previously paid above world prices. The council's fast reshuffling of trade discouraged buyers' hopes that unallotted quotas would depress prices...
...Clarke Fraser: probably no more than 10% of birth defects are caused by defective genes. If both parents have an abnormal dominant gene, the child is sure to carry the defect. But there are many twilight-zone genes, which some individuals carry without showing ill effects but may pass on, in crippling form, to their offspring. Then there are recessive genes, which may be so elusive that the experts cannot hope to trace cause and effect...
...does, with the skill of a professional trader; it is not for amateurs. To stop the sudden swings, the floor governors of the exchange are closely watching 13 stocks with an unusual volume of stop-loss orders, have held several meetings to discuss the problems presented by the "Darvas Effect...