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...capita in the world. At the same time, the country's overheated economy inflated the cost of living by 13% in 1972 and another 5% so far this year. Slowly but surely, a semi-socialist nation that takes economic equality for granted has developed a small class of discreet, quiet-living millionaires (2,000 at last count). Yet its 1,300,000 Sephardic Jews, who emigrated from North Africa and the Middle East, live in relative hardship compared with the Ashkenazic Jews of European origin...

Author: /time Magazine | Title: ISRAEL: The Dream after 25 Years: Triumph and Trial | 4/30/1973 | See Source »

...Easy End. The greatest surprise in the new Cabinet was small, balding Michel Jobert, 51, named Foreign Minister to replace Maurice Schumann, who had been defeated in the general election. A discreet but demanding and sometimes caustic former civil servant, little known to the public, Jobert joined Pompidou's personal staff ten years ago. At the Elysee Palace, he has functioned as Pompidou's Ehrlichman, Haldeman and Kissinger. Jobert, who has an American wife and a son in the American School of Paris, won himself many friends in Washington by helping with the difficult arrangements for the secret...

Author: /time Magazine | Title: FRANCE: Vive l'Effervescence! | 4/16/1973 | See Source »

...specter of a militantly left-wing government has periodically caused wealthy Frenchmen to dispatch their gold and cash to safe harbors abroad. This year an unknown number of businesses and petits bourgeois have been illegally transferring their liquid assets to Switzerland, Liechtenstein and other countries with strong currencies and discreet bankers. The reason for this unseemly flight of capital was explained by a recent public opinion poll. It showed that President Georges Pompidou's Gaullists and their allies were fast losing ground to the Communist-Socialist coalition in next month's parliamentary election. If they are voted...

Author: /time Magazine | Title: FRANCE: Fugitive Francs | 2/19/1973 | See Source »

...meets the eye. Among those advocating joint exploration of a "negotiated" independence from Britain is John Taylor, onetime Home Minister in the Stormont Cabinet. Taylor was the target of a machine-gun attack by an l.R.A. faction last year. Although still a hard-fisted Unionist, he has recently made discreet approaches to Northern republicans and now enjoys a vogue among Dublin editorialists. Still, the idea of independence, with its implication of British troop withdrawal, gets a frosty reception in London. "Not on." says Whitelaw, his pale blue eyes glinting. Without British troops in Ulster, he observes, "there...

Author: /time Magazine | Title: NORTHERN IRELAND: Reflections on Agony and Hope | 1/29/1973 | See Source »

...people with appeals based on simple, old-fashioned virtues like trust and decency has been shattered. I had thought that, as an underdog, I would impress people with my determination and sincerity." If he had it to do again, McGovern said, "I'd be more discreet, more cautious about baring my soul." He summed up by insisting: "I don't think the American people got a true picture of my campaign." Of course, the reverse may have been true-that too many Americans got a reasonably clear picture of a well-meant but inept campaign. Or that...

Author: /time Magazine | Title: AMERICAN NOTES: Wronged Champion? | 1/22/1973 | See Source »

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