Word: setbacks
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Mastermind of the takeover attempt is smooth-talking I.C.I. Chairman Stanley Paul Chambers, 57, rated by some as Britain's ablest executive. Defeat would spell a sorry setback for ambitious Chambers, but he obviously counts on winning...
...explosive Congo (see THE WORLD). And it seemed important that he should go ahead with a largely ceremonial visit to Latin America, even though he had been warned that it might be dangerous. For ceremony is the visible side of policy, and the U.S. would have suffered a serious setback if the President had reneged on his commitments...
...airline business. In return for a $165 million loan that Trans World Airlines desperately needed to finance its new jet fleet, the consortium obliged Hughes to place his 78% of TWA's stock in a trusteeship. Last week, clearly unfazed by his setback at TWA, wily Howard Hughes, 55, made a dramatic bid for re-entry into commercial aviation. His newest ploy: a request to the Civil Aeronautics Board for permission to acquire control of Boston's Northeast Airlines...
...personally campaigned for Democratic candidates after former President Eisenhower had intervened for their Republican opponents. He felt entitled to claim some of the credit, since, as he put it a day later at his press conference, defeats in either state "would have been interpreted as a stunning setback for this Administration...
...Turkish elections three weeks ago, no party won a clear mandate, but the Republicans, favored by the armed forces and by General Cemal Gursel's junta, suffered a setback while the Justice Party, drawing supporters of executed Premier Adnan Menderes, showed considerable strength. In the wake of these results, as the parties maneuvered to form a new government, the country's top military brass* gathered ominously in Ankara. Out to the politicians went an invitation as crisp as a parade-ground command: form a coalition government of all major parties, with Gursel as President, or face a military...