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...general often talked up the idea of a like-minded, cooperative Europe, he viewed the infant Common Market circa 1960 largely as a device to control West Germany. From De Gaulle's day on, the E.C.'s chief purpose, as successive Elysee Palace incumbents saw it, was to bind French and Germans so tightly together economically that another war would become unthinkable. In exchange, Paris would champion West German interests in international councils where measures proposed by Bonn might sound Teutonically threatening...

Author: /time Magazine | Title: The New France | 7/22/1991 | See Source »

Foreign lenders have also expanded their reach in the U.S. market. By having access to cheaper funds overseas and avoiding some of the regulations that bind U.S. institutions, foreign banks can package loans at hard-to-beat interest rates. The result: they made 30% of all loans to American companies last year, up from 18% a decade ago. All this competition has taken its toll on the U.S. banking industry, which now holds only a 30% share of business loans...

Author: /time Magazine | Title: Do We Really Need Banks Anymore? | 7/15/1991 | See Source »

...Bush Administration to appoint a black whom civil rights groups and liberal Democrats would look churlish opposing while at the same time sticking to its efforts to pull back on civil rights programs. Jim Cicconi, a former senior official in the Administration who handled civil rights issues, explains the bind Thomas' critics are in: "It's going to be difficult for liberals on the Senate Judiciary Committee to go after Clarence Thomas for not being sufficiently sensitive to the interests of blacks and the disadvantaged, since he has been both and most of them have been neither." If the Senate...

Author: /time Magazine | Title: The Supreme Court: Marching to a Different Drummer | 7/15/1991 | See Source »

Shattuck says the deal does not bind Harvard to make similar payments on properties taken off the tax rolls after 1991. But based on the decisions made this year, the University will consider signing similar deals on commercial property converted to academic use in the future...

Author: By Jonathan Samuels, | Title: Harvard and the City Strike an Historic Tax Pact | 6/6/1991 | See Source »

...charged again if her brother testifies against her in his own trial, if new evidence is brought or if Judge Svenson's ruling is overturned. Says Wayne County prosecutor George Ward, who will appeal the ruling: "We think even without that confession there was sufficient circumstantial evidence to bind her over...

Author: /time Magazine | Title: CRIME Scot Free -- For Now | 5/13/1991 | See Source »

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