Word: squeezees
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Penalty for Aid. Bankers certainly do not mind higher interest rates, but the financial world is concerned about the second Kennedy step: the new tax on U.S. purchases of foreign securities. As financiers see it, the tax may weaken the nation's position as banker to the world, and...
That the U.S. finds itself in a payments squeeze is a measure of the poor state of the world's monetary system. Last week a Government-financed report by the prestigious Brookings Institution found that the real problem is not the transient U.S. payments deficit, but the lack of...
Prone to Enjoy. Predictably, Indonesia's President Sukarno blamed neither himself nor his chaotic economic policies for the riots, said that they were caused by "counterrevolutionaries trying to capitalize on the food and clothing situation and on the Chinese minority problem." He went right ahead with plans to squeeze...
All the excitement was in anticipation of this week's pan-African "summit" conference of some 30 African heads of state. Never before had so many leaders of Africa sat down in the same place at the same time, and their proud host, the aging (70) Ethiopian Emperor, was...
The film does have its silly moments. There is a man eager to see a newborn son who mutters a last message in a companion's arms. There is also a captive German officer who wistfully admits that he misses his frau and kinder. But despite a liberal complement of...