Word: bonnes
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Dates: during 1970-1979
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Leaders of the seven major industrial powers* will meet in Bonn next week for their fourth economic summit since 1975. Superficially, the atmosphere will be like a board meeting of a multinational corporation. In reality, the spirit of the two-day session will be more like a three-sided tag-team wrestling match...
...Washington, the White House support team that will accompany President Carter to Bonn completed its negotiating briefs and studied the latest economic indicators. They did not make for cheerful reading. New Government estimates published last week forecast a U.S. inflation rate of more than 7% for 1978 and lower economic expansion than previously expected (see cover). Not only was Congress still stalled on the President's energy package, but the Senate has threatened to block any draconian attempts by the Administration to impose levies or quotas on oil imports. In short, Carter will arrive in Bonn with a somewhat...
Carter talked about next week's economic summit and confessed that he went to Bonn feeling handicapped, with no energy legislation passed and Congress threatening to block any Administration import taxes on oil. He sounded his new tough note about such action. "For the Congress to take that kind of negative position, prohibiting me from exercising the prerogatives and authority Presidents have had in the past, would be a very unwise act. My guess is they will not do it, but even if they haven't, their intentions will be a factor...
...Jerusalem, which is predominantly Arab. But negotiations that threaten to divide the Holy City once more would be long, painful and extraordinarily difficult. Until the Jerusalem question is solved, the new entity would use a West Bank city, perhaps Ramallah, as a temporary capital; it would function much as Bonn does for West Germany...
Many of the finest works went to German museums eager to recover treasures from the German past and take up the Bonn government on its offer to foot half the cost of their purchases. The State Museum in Berlin paid the top price of the auction: $2,214,000 for a gleaming Mosan medallion made in A.D. 1150 for the Abbey of Stavelot in Belgium. On behalf of the Nuremberg art museum, a London dealer paid $2,029,500 for another 12th century enamel, an arm ornament made for Holy Roman Emperor Frederick Barbarossa's coronation robe...