Word: ac
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...hardened reader is privy by now to journalism's dark secret, which is that news is the extraordinary, not the ordinary. Even so, in 1973 one all-purpose phrase was often heard, as useful to malefactors justifying their ac tions as it was to cynics excusing their civic indifference. It is that They All Do It. But do they...
...best that Europe can hope for in 1974 is "stagflation"-an uncomfortable mixture of stagnating output ac companied by continued inflation. Living costs are likely to rise by 10% or more in many countries. Recession -that is, an actual decline in output - is a possibility, though far from a certainty...
...grabbed the first account-executive job offered and stuck to that side of the business, becoming a vice president in 1956 and a senior vice president in 1964. A towering 6 ft. 4 in., he strides through the agency halls at a lope, dropping in on creative and ac count people; he would rather see them in their offices than summon them...
Valery Giscard d'Estaing offered a plan to penalize nations that run consistent surpluses in their balance of payments and prod them to restore an equilibrium that would benefit deficit countries like the U.S. American officials, who are ac customed to finding themselves at log gerheads with the French in interna tional financial conferences, promptly approved the idea. In an interview with TIME Correspondents Henry Muller and George Taber, Giscard remarked...
...March and asked his people their opinion of America. "They said, 'Bombings, bombings, killing, killing. We cannot be friends with such an inhuman country.' My people cannot be aware of your good traditions or the background of your Revolution. They know you through the B-52s, the AC-130s, the Spookies [gun ships] and the F-111s and F-105s...