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...Netherlands' AKZO, for example, is laying off more than 6,000 workers, a draconian measure that has raised questions in the Dutch Parliament. The move has also caused Dutch, German and Belgian labor leaders to plan a joint committee to monitor AKZO's future management decisions. U.S. companies in Europe have been hurt too. "Very few firms, European or American, are making much money out of fibers," says a Monsanto executive. "The European industry has double-knitted itself into a corner...

Author: /time Magazine | Title: TEXTILES: Hot Pants, Cold Comfort | 5/22/1972 | See Source »

...proof positive of its independence, almost every new African nation has made a show of changing many of the place names imposed by its former colonial masters. None, though, have gone quite so far as the Zaïre Republic, once known as the Belgian Congo. This month President Joseph Désiré Mobutu held a mass rally in Leopoldville (today known as Kinshasa), his capital city on the mighty Congo River (sorry, the Zaïre), to announce a sweeping "return to Zaïre authenticity...

Author: /time Magazine | Title: ZAIRE REPUBLIC: The Zairization of Almost Everything | 1/24/1972 | See Source »

...PERFORMANCE The New York Philharmonic is a much better orchestra today than it was 50 years ago. Playing techniques have changed for the better. I remember as far back as Eugène Ysaÿe [the fabled Belgian violinist, 1858-1931]. I don't think many of the violinists of those days would be considered good musicians today. They took too many liberties. Today they have more respect for the music they play. On the other hand, pianists have become too literal. As a result, if you are going to hear Beethoven's "Emperor" Concerto, unless...

Author: /time Magazine | Title: Music: The Parasitic Profession | 1/10/1972 | See Source »

Monetary Brew. The negotiated realignment among major powers will increase the worth of Japanese yen by 17% in terms of the "old" dollar; in all, the West German mark will go up 13.5% against the dollar, and the Dutch guilder and the Belgian franc will rise 11.5%. The French franc and British pound will be formally unchanged; but, with the dollar's devaluation, they will go up 8.6% relative to U.S. money. Italy and Sweden will devalue their currencies slightly, by 1% each, but still end up 7.6% higher than the dollar. In return, Treasury Secretary John Connally said...

Author: /time Magazine | Title: The Economy: The Quiet Triumph of Devaluation | 12/27/1971 | See Source »

Until last week, it was known as the Democratic Republic of the Congo, the name that the former Belgian Congo took when it won independence from Brussels in 1960. To the present government in Kinshasa, however, the name unduly celebrated the Bakongo tribesmen who reside along the lower reaches of the Congo River. Seeking a name to please the non-Bakongo majority, Kinshasa last week officially rechristened the country the Zaire Republic, and the river the Zaire River. Originally, the word was the result of misunderstanding-or mispronunciation -on the part of a Portuguese naval captain, Diogo...

Author: /time Magazine | Title: ZAIRE REPUBLIC: How Now, Diogo Co? | 11/8/1971 | See Source »

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