Word: continente
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Africa's prophets of revolution have come on hard times. They once dreamed of bringing the whole continent under the leftist banner through subversion, sloganeering and bullying, but it is becoming apparent that a growing majority of moderate African states want no part of their plans. Only a fortnight...
Such a philosophy obviously has built-in risks. Kaiser has taken on an extraordinarily heavy debt load, which both limits the payment of cash dividends and makes the company vulnerable to any severe recession in the future. Last year his engineers lost $16 million, largely because a Kaiser dam in...
Weak Francs. Europe's businessmen, who previously complained that the unchecked inflow of U.S. dollars aggravated the Continent's inflation, are now warning that the cutback raises the danger of deflation. The Swiss franc and the French franc have weakened in relation to the dollar on international money...
Bismarck was quite a bit of both but, above all, a much misjudged figure, argues Werner Richter, a German biographer who has written books on everyone from Ludwig II to Abraham Lincoln. Instead of painting Bismarck black or white-Prussia's royal colors-Richter sees him as an eminently...
"Forty years ago, the idea of there being a great English sculptor was as remote as a Hottentot becoming prime minister of Scotland," says one British artist. Today Great Britain has become a hotbed of new sculptors, with three museum shows in London currently devoted to their renaissance. Miraculous as...