Word: belgians
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Bernard Lietaer, 25, Massachusetts Institute of Technology, is a Belgian who came to the U.S. to squeeze it of all the business knowledge he could find. "What Europe particularly lacks in its technological gap with the U.S. is management techniques," he says. Instead of returning home immediately, he will join a U.S. company because "it will start out by giving me responsibility." His choice is Cresap, McCormick and Paget, a consulting firm that will pay him about $15,000. Even before graduation, he hired out as a consultant on his thesis topic-a computer-based method of protecting companies against...
Finance Minister Franz Josef Strauss said last week that Bonn might revalue if other strong currencies-the Swiss, Dutch, Italian and Belgian-would also rise slightly. As Strauss told TIME'S Ball: "We know perfectly well that the D-mark is undervalued against certain currencies, but this is not the case against certain others." Officials of most of the countries in question disagree...
...detective story whose hero is a Parisian police inspector by that name, but so many maigrets have been published that the word is now used to describe mystery stories in general. In a stricter sense, a simenon is any novel except a maigret by Maigret's progenitor, Belgian-born Author Georges Simenon, 66. Simenon has produced a total of 74 maigrets and 126 simenons, which have appeared in 43 languages. Last week, with the publication in French of ll y a encore des noisetiers (There Are Still Hazel Bushes), Simenon's output under his own name reached...
...human beings by their foster families at a time when the mentally ill almost everywhere else were banished from society to asylums of appalling squalor and cruelty. Originally, Geel's boarding system for the mentally ill was supervised by officials of the Roman Catholic Church; since 1860, the Belgian government has had the responsibility of screening the patients and administering the program...
...were lusting to buy gold, and practically no one was willing to sell. Frenchmen, historically distrustful of their own currency, defied monetary controls and smuggled suitcases full of francs into Switzerland and Belgium. There, they rushed to put their money into gold, Eurodollars and strong currencies-notably Swiss francs, Belgian francs and West German marks. Speculators and traders outside France were betting, in effect, on devaluation; they were agreeing to buy francs for future delivery only at discounts of up to 27%. The jitters spread to the British pound, which also weakened on currency exchanges. On Wall Street...