Word: eu
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...eased, Russia is becoming an increasingly popular target for tourists. In 1956, fewer than 500,000 foreigners were adventurous enough to travel through the U.S.S.R.-one-eighth the number that visited France the same year-and about three-quarters of them were from the Communist countries of Eastern Eu rope. This year, which marks the 50th anniversary of the Revolution, Russia expects more than 1,500,000 tourists. At least half of them will be dutiful European Communists. But there will be many French and British, a few Arabs and Africans, and about 25,000 Americans (up from...
...Eu-ro-pa! Eu-ro-pa!" chanted thousands of Italian university students as British Prime Minister Harold Wilson stepped last week from an R.A.F. Com et at Rome's Ciampino airport. The cheer fitted Wilson's mood. Britain -once great but long insular - was again seeking admission to the six-nation Common Market, and through it to the larger Europe that the Market envisions. Wilson and his Foreign Secretary, George Brown, were in Italy on a dramatic mission to explore, with top Italian officials, Britain's chances for acceptance...
Javits had something new and something old to offer. New was a proposal to increase hemispheric understanding by lofting into space a new satellite that would transmit television programs between north and south. Older was his plea for a barriers-down trading area in Latin America modeled on the Eu ropean Common Market. Javits envisaged a tariff-free trading zone stretching from Tierra del Fuego to the Rio Grande and embracing a population of 220 million with an annual gross national product of $78 billion. He hoped that the U.S. and Canada would ultimately join, forming a market that would...
...broken into a run. Hardly a week passes without another U.S. company announcing plans to buy into a European firm, set up a subsidiary or build a plant in Europe. With company coffers bulging and home markets well saturated, U.S. businessmen are more attracted than ever by Western Eu rope's fast-expanding consumer economy and often higher profit margins. U.S. direct investment in Europe rose 40% to an estimated $1.25 billion in 1964, and nearly every large U.S. company made some sort of European move during the year. Last week General Motors, already firmly entrenched on the Continent...
Inflation has also helped bring to Eu rope that old American problem: the servant shortage. Most maids have been lured into the higher-paying factories, and those who remain play off one employer against the other. Result: their wages have shot up 50-100% in the past five years. A sleep-in servant now pockets up to $100 a month in Italy and Germany. When they are discontented with their wages, some European maids have a sly way of hinting for a raise: they simply start breaking the dishes...