Word: cr
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Dates: during 1980-1989
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...Bourse's robust activity follows years of anemic performance. From 1961 to 1973, a time when France's economic growth rate was among the world's fastest, the Paris stock exchange remained as flat as a French crêpe. During the autocratic presidency of Charles de Gaulle from 1958 to 1969, companies were, in effect, forced to borrow from the government-dominated banks rather than raise capital on the stock market. Referring to the Bourse's principal trading circle by nickname, De Gaulle declared icily: "France's policy is not made in the Basket...
Some years ago, Marshall McLuhan made quite a splash among cocktail-party sophisticates by proclaiming that television was a "cool medium," whereas some other cultural forms were "hot media." In recent years, Peter Brook, a highly sophisticated director, and his Paris-based company Le Centre International de Créations Théatrales have devised modes by which theater can be turned into a cool medium, perhaps even stone-cold...
...Panama City with five assistants, he was barred from operating. Panamanian doctors at the Paitilla Center explained that their medical and national sensibilities had been deeply offended. They would not serve as "medical gofers," or errand boys, to the Yankee surgeon from Texas, they said. One official government newspaper, Crítica, even commended the local doctors for having "courageously defended Panamanian sovereignty...
...over and that the Liberals would not dare risk an election with a lame-duck leader, Clark brought out a belt-tightening budget, which Finance Minister Crosbie described as "short-term pain for long-term gain." The Tories did not even attempt to obtain the support of the Créditistes or the New Democrats, which could have kept them in power. When the three opposition parties joined in backing a New Democrat motion of no confidence after the budget had been presented, the Tories lost by three votes. Clark was forced into an election at a time when...