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Sponsored chiefly by the U.S., the four-year-old International Telecommunications Satellite Consortium (Intelsat) has four satellites in the sky, links 62 nations around the globe and is considered a highly successful outpost of free enterprise in space. It is so successful, in fact, that Russia has decided to bid for a piece of the action. It is now planning its own global space-communications network, Intersputnik...

Author: /time Magazine | Title: Communications: Enter Intersputnik | 9/6/1968 | See Source »

...leadership of the women's field, the Journal (circ. 6,800,000) has been losing believers. Last week, as part of its radical retrenchment policies, the venerable Curtis Publishing Co. sold off the Journal, along with the household-decorating monthly American Home. The buyer: Downe Communications Inc., a consortium of mailorder firms, cosmetic and pet-food companies, and the newspaper supplement Family Weekly. Price: 100,000 shares of Downe stock, worth about $5,400,0000. Downe hopes to boost the Journal's circulation and ad revenue without changing either its staff or, more important, its basic philosophy-"never...

Author: /time Magazine | Title: Magazines: Too Few Believers | 8/23/1968 | See Source »

World prices of sisal are expected to continue their decline and possibly level off by 1970 at about $150 a ton. Meanwhile, Tanzania hopes to develop new uses for its threatened crop. To that end, a consortium of Canadian and European banks has invested some $28 million in a mill to turn sisal into paper pulp. In neighboring Kenya, the world's fourth largest sisal producer, experiments aimed at producing fodder and fertilizer from sisal fibers are under way. Other leading sisal producers, including Brazil and Haiti, have agreed to pool their resources to promote their produce against...

Author: /time Magazine | Title: Africa: Sisal on the Ropes | 8/23/1968 | See Source »

...million contract for construction of the dam has been awarded to an international consortium led by the Oppenheimer's huge Anglo American Corp. of South Africa. The group also includes Siemens and Telefunken of West Germany, Compagnie de Constructions Internationales of France, plus Swedish and South African firms.* Financing will be entirely through foreign credits and loans arranged by the consortium. Part of the money will be spent on a new seaport at Cuama, on the Indian Ocean at the mouth of the Zambezi, which will be capable of handling 40,000-ton freighters. More millions will go toward...

Author: /time Magazine | Title: Africa: Taming the Zambezi | 8/9/1968 | See Source »

Most of his decisions these days are somewhat less fateful. Harlech is now deciding, for example, just what sort of programming to give the 3.6 million television viewers in Wales and the west of England who are awaiting their first look at what the Harlech Television consortium has in store for them. Recruited a year ago by friends to join the venture and lend it his name, Harlech has invested $120,000 of his money and 80% of his working time into organizing the venture. When normal operations begin, he will commute between company headquarters in London and the twin...

Author: /time Magazine | Title: World: Life of a Lord | 5/17/1968 | See Source »

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