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Gentlemanly and discreet, with faces like silver teapots, the better art dealers and auctioneers around London's Bond Street have long maintained their immunity from the scandals of the art world. Circumspection is the motto, coupled with a standing policy-among members of the British Antique Dealers Association-to refund the price of any fake. Therefore, when the biggest art forgery scandal in years came to a head in London last fortnight, the embarrassment was acute. At a press conference, a rubicund, white-bearded cockney painter and restorer named Tom Keating, 59, revealed that over the past 25 years...

Author: /time Magazine | Title: Art: Palming Off the Palmers | 9/13/1976 | See Source »

...that, some Western financiers in recent weeks have begun to express discreet concern about Comecon's mounting pile of debt. The Basel-based Bank for International Settlements has noted that the ratio of debts to exports -which determines a country's ability to repay loans-has reached a high level in some Communist countries. Bank of America, Citibank, Chase Manhattan and Manufacturers Hanover all conspicuously took no part in a recent $250 million loan to the Soviet Union's Foreign Trade Bank. Some Western banks are also trying to raise interest rates charged to Communist borrowers. They...

Author: /time Magazine | Title: EASTERN EUROPE: Now, Credit-Card Communism | 9/6/1976 | See Source »

...Schmidt has been successful in irritating each and all of his European partners, it should also be pointed out that European unity is a key concern of the Bonn government. Many convinced Europeanists hoped that the growing entente between Giscard d'Estaing and Schmidt would give way to a discreet Franco-German directorate that would carry the idea of European unity beyond its present customs union status. Unfortunately, Schmidt lost his partner less than six months ago. Giscard d'Estaing's pro-European ideas were fiercely opposed by conservative Gaullists, ever so jealous of French sovereignty. Depending on the Gaullists...

Author: By Dennis Kloske, | Title: Will Germans Always be Germans? | 8/17/1976 | See Source »

Terminal Discomfort. Both the French and German governments responded to the skyjackers' demands with tough declarations of noncompliance. The Swiss kept a discreet silence, while Kenya denied that it had any Palestinians in prison at all. Meanwhile, the hostages remained in the terminal, huddling together during the bitter-cold nights, trying to sleep on the hard benches and the stone floor as rats scampered around them. Claiming to be swayed by Amin's plea for humanitarianism, the terrorists released 47 elderly women, children and sick hostages at midweek...

Author: /time Magazine | Title: TERRORISTS: The Rescue: 'We Do the Impossible' | 7/12/1976 | See Source »

...blinking lights, but otherwise classroom scenes are similar ,to those at other colleges. At Teacher Beverly Bocaner's class on auditory and communication processes, almost all the T-shirted, blue-jeaned students pay close attention, but in the back of the room a few students "whisper" (in discreet sign language). Says Senior Math Major David Birnbaum: "At Gallaudet I can argue and discuss things. I'm really part of the class...

Author: /time Magazine | Title: Education: Quiet College | 6/14/1976 | See Source »

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