Word: recoverable
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Dates: during 1950-1959
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When Nasser got down to the Dertinent topic of what his revolution had accomplished inside his own country, he touched with unexpected frankness on his troubles in exploiting his victorious annexation of "the northern region of Syria," which was presumably a richer economy than Egypt's. Confessed Nasser: "The...
Offense & Defense. The major international oil companies did not recover. No one really expected them to. Royal Dutch dropped from 45⅞ to 42; Texas Co. from 71⅝ to 68; Gulf from 118 to 109⅛. Domestic oils, which could benefit from greatly increased production at home in another...
The main reason for this poor showing does not lie in the guaranty program itself. Any U.S. investor in a country included in the program-from Venetian-blind makers in The Netherlands to rayon manufacturers on Formosa-can apply for insurance covering the full value of the investment. Policies bear...
Machine-tool makers say their business is the "first to feel a recession, the last to recover." Back in January 1956-when the rest of the U.S. economy was still going up-machine-tool orders began skidding from their boom level of $125 million a month. Last week signs appeared...
For countries that depend heavily on one commodity for income, the report has some concrete suggestions to ease the blow when commodity prices fall. It suggests 1) a system of international credits to keep up the purchasing power of a hard-hit nation until prices recover, and 2) a "ceiling...