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Arab banks have also set up bases in Western money centers like Paris and London. On the elegant Champs Elysees, the National Bank of Abu Dhabi has taken over the former offices of Merrill Lynch. Near the Ritz Hotel on Place Vendome, discreet brass plates in Arabic script announce the...

Author: /time Magazine | Title: Business: Bankers in Burnooses | 7/14/1980 | See Source »

Unwilling to leave bad enough alone, the Carter Administration last week began stepping up plans to stimulate the economy. Plans for a 1981 tax cut, for weeks the worst-kept secret in Washington, finally began leaking out. Though its size and shape are unknown, officials have said that the President...

Author: /time Magazine | Title: Business: Harder Times in the U.S. | 6/30/1980 | See Source »

Just after 6 p.m. and again at 10 p.m. every weekday, crisp white letters on Soviet television screens announce Today in the World, a 15-minute blend of international news and commentary that is one of the most watched shows in the U.S.S.R. Vladimir Dunayev, 51, one of Today'...

Author: /time Magazine | Title: Press: The View from Dunayev's Desk | 6/23/1980 | See Source »

A committee of professors and journalists made the decisions last month and will announce the foreign journalists during the summer. The selection committee, which changes every year, chooses journalists who have at least three year's full-time experience. A bequest from Agnes W. Nieman established the fellowships in memory...

Author: By Brenda A. Russell, | Title: Harvard Taps 12 New Niemans | 6/5/1980 | See Source »

Seven years later, another secretary of state spoke at Commencement. Gen. George C. Marshall found the occasion propitious enough to announce his celebrated Marshall Plan for the revitalization of Europe in the wake of wartime devastation.

Author: By Laurence S. Grafstein, | Title: Keeping Commencement Happy | 6/5/1980 | See Source »

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