Real Word Bank - Banking News and Articles
  World Bank Banking News and Articles | Contact
Latest Banking News and Articles

241. Washington Post, The (DC) - September 1, 1977

Man Seeking Lance Stock No Newcomer to World of Finance
  Mochtar Riady, the wealthy Indonesian banker who is attempting to buy Bert Lance's stock in the National Bank of Georgia, is an experienced ectrepreneur with varied business interests in Southeast Asia, extending from Jakarta to Singapore and Hong Kong.Sources in New York and Jakarta indicate that Riady, about 45, has a private fortune in excess of $10 million and enjoys "an excellent reputation" in business and banking circles.He is an ethnic...
242. Washington Post, The (DC) - April 5, 1977

Japanese Paper Near Ruin After Great Circulation Fight
  Vanquished in a circulation battle among Japan's three giant newspapers, the mass circulation Mainichi Shimbun ran up a distress signal on its front page recently and admitted virtual bankruptcy. After heavy losses - $29.5 million in 1976 alone - the daily has announced a lastditch plan to stem the tide of red ink.Executives hope the 105-year-old Mainichi, Japan's oldest newspaper, can be saved. "We're a national institution so no one, not...
243. Washington Post, The (DC) - December 14, 1977

The Farm Bloc: Really a Mosaic Of Varied Interest
  American farmers today are deeper in debt than at any other time in history. In terms of what their earned dollars can buy, their income is the lowest since the 1930s. Wheat prices this week are 20 cents a bushel higher than they were at the end of World War I.This is one picture of U.S. agriculture today.Another picture is this: The value of U.S. farmers' land and other assets has reached a record $730 billion, up $59 billion from 1976. In lowa, farmland gained an...
244. Washington Post, The (DC) - November 27, 1977

THE MERCHANT
  Eathen Hooks, a large, muscular man, has been cutting hair in his small barber shop in the 600 block of H Street NE since 1956. Still, after all those years of hard work, he has not been able to buy the small building where his shop is located. His voice rises and quivers with rage as he talks about this."They (the banks) won't let an individual person have a loan," he said, speaking while cutting an old man's hair. "If I could...
245. Washington Post, The (DC) - September 18, 1977

Now Showing in Telluride
  This is a town where nothing seems real, a tiny place with a wacky past and a wackier present, a thriving anachronism that in addition to everything else plays host to perhaps the most respected small film festival in the world.Which is just as it should be, because Telluride, declared in toto a National Historic Landmark in 1964, looks like nothing so much as the backdrop for an old B western. At an altitude of 8,745 feet in southwestern Colorado, it is surrounded on three sides by...
246. Washington Post, The (DC) - May 31, 1977

NASTY
  Illie Nastase pranced into the players' dining room at Stade Roland Garros, holding hands with his nephew, Ion-10-year-old son of Ilie's older brother Constantin, a former player who is now coach and captain of the Romanian Davis Cup team.The man all the tennis world knows as "Nasty" fussed over the lad, played games with him, showed him off to his colleagues. "He will be a very good player," said uncle Ilie....
247. Washington Post, The (DC) - February 3, 1977

Maryland Plays To Ice Boats Host Saturday
  More than 100 American and European ice boat racers are gathering on the Eastern Shore for the prestigious North American and Gold Cup world championships, to be held Saturday through Wednesday on the Miles River near St. Michael's.Regetta chairman William J. Connell approved the site yesterday after a two-week search for clear ice. It marks the first time in the 24-years history of the races that they will be held south of the Mason-Dixon line.James Holechek, organizer...
248. Washington Post, The (DC) - August 17, 1977

Honors, Wealth, Wives
  Once upon a time there was a landlocked French colony in the very heart of Africa called Oubangui-Shari, which was best known to the outside world for supplying platter-lipped women to circus sideshows.The French left in 1960, and the blaze of African independence celebrations of that year the country declared itself the Central African Republic.By then the French, in the name of civilization, has stamped out the habit of distorting women's features, so the country was not...
249. Washington Post, The (DC) - May 12, 1977

'Three Bs' enjoy a clear field in the 20th District
  In Virginia's diverse 20th District - Loudoun and Prince William Counties - three incumbent Democrat are seeking renomination for second terms in the best of all possible political worlds. They have no opponents.When Floyd C. Bagley, Earl E. Bell and David G. Brickley have to start campaigning this August, "It will be the 'Three Bs' running together as a ticket in both counties," according to Bell.Bell is a Leesburg auto...
250. Washington Post, The (DC) - January 31, 1977

Arabs Push PLO toward Restraint In Mideast Talks
  First militarily and now politically, the Palestine Liberation Organization is being forced by the Arab powers to take a more moderate stance toward a middle east peace settlement."The Arab rulers are trying to make mini-Palestinians out of the PLO," said one Beirut political observer with close ties to the PLO leadership. It was an obvious reference to the mini-Palestinian state on the West Bank of the Jordan and the Gaza Strip that the Arab nations are now pushing...

Related Articles

1977-A

Newsnipits