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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 27, 1960
Page
7
Washington economists foresee stable growth for 1960 with a high plateau by year end. They cite rising personal incomes, strong consumer demand, and easier credit following a June discount rate cut, though output growth may slow in late 1960 and job creation remain sluggish.
Dispatch outlines impact of nine African territories becoming independent this year and the potential shift in UN power. Madagascar, Mali Federation, Chad and others move toward federation or independence, expanding Africa’s bloc and possibly influencing Security Council and General Assembly decisions. Nigeria set to hoist independence flag Oct 1 amid booming population and resources.
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