Word: australian
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Dates: during 1980-1989
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...important Pacific power last week decided to do something about the growing Libyan presence. In an unusually blunt announcement, Australian Prime Minister Bob Hawke ordered that the Libyan embassy, or People's Bureau, in Canberra be closed. There was "compelling and incontrovertible evidence," said Hawke, that the embassy was "serving to facilitate Libya's destabilizing activities." Hawke was especially concerned about Libyan attempts to stir up trouble among Australia's 170,000 aborigines. Gaddafi last month reportedly offered funds to help establish a separate aboriginal nation, a charge he has since denied. Said Hawke: "Libya's record of subversion...
...billion battle royal between Texaco and Pennzoil suddenly became more of a free-for-all last week. Robert Holmes a Court, an Australian financier and aggressive corporate raider, informed the U.S. Securities and Exchange Commission that he had bought more than 15.5 million, or 6.4%, of Texaco's 242 million outstanding shares for $541 million "exclusively for purposes of investment." The Australian tycoon said he has no intention of mounting a takeover bid for the third-ranking U.S. oil company (1986 revenues: U.S. oil company (1986 revenues: $32.6 billion). But Wall Street experts believe that whatever Holmes a Court...
Holmes a Court, 49, a soft-spoken lawyer who is reputedly Australia's wealthiest citizen, controls worldwide industrial and media properties through his holding company, Bell Group (1986 revenues: $1.5 billion). From that base, he has launched sallies against Broken Hill Proprietary, a huge Australian steel, oil and gas producer, and other big firms. A few months ago he engaged in a bidding war with Media Mogul Rupert Murdoch over the Herald and Weekly Times, Australia's largest media group. Last August Holmes a Court disclosed that he was seeking a 15% stake in USX, the steel giant. As takeover...
AUSTRALIA is the land of koalas, kangaroos and golden beaches. Social unrest seems alien to the territory. But in Sydney in the early '20s, D.H. Lawrence found budding revolution rather than peace, and his experiences inspired Kangaroo, an autobiographical novel about his dissatisfaction with Australian politics...
...film deserves its several Australian Academy Award nominations for more than its drama. The acting is nearly flawless; and the filming, particularly of the beautiful Australian tropics and breathtaking beaches, is among the best I've seen...