Word: european
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Dates: during 1960-1969
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British Author Anthony Sampson, who dissected his own country seven years ago, in Anatomy of Britain, has inspected this platonic marriage in an other volume, The New Europeans. Unless radical changes of attitude take place, Sampson believes, European integration has reached its high-water mark. Says he: "Western Europe, shorn of overseas commitments and empires and protected by the American umbrella [of ICBMs] is a continent without a cause. In this situation, its components are very likely to reassert themselves...
Political Cosmonaut. European nationalism seemed to die in the agonies of the most recent war it helped cause. Yet it has become once again the dominant political emotion in Europe. No one has rekindled "la gloire" more assiduously than Charles de Gaulle. When Sampson interviewed Franz Josef Strauss, West Germany's Finance Minister mocked De Gaulle the diplomat as "a cross between Joan of Arc and a political cosmonaut." Yet, as Sampson notes, De Gaulle has "taken full advantage of the glamour of nationalism" as well as the allure of anti-Americanism. For his own lifetime, at least...
That monumental spin through space will be hard to match, but even so, Apollo 8 Command Pilot Frank Borman has had some rarefied moments on earth since reentry. Last week, for instance, a European tour took him from Buckingham Palace to the Elysée Palace to a dinner with Belgium's King Baudouin and Queen Fabiola. Borman proved himself a deft diplomat. In England he pointed out that Apollo's fuel cell was based on an invention by a Cambridge scientist. In Paris he praised French Science Fiction Author Jules Verne in a personal letter...
...issue are Europe's so-called value-added taxes, or VAT, a complex substitute for sales and excise taxes. Washington contends that VAT penalizes American exports and gives a substantial price advantage to many European goods shipped into the U.S. Concern has heightened since the U.S. foreign trade surplus shrank from almost $8 bil lion in 1964 to $726 million...
What worries Washington is that value-added taxes are refunded on exports and imposed as special border taxes on U.S. products entering European countries. That tends to add 6% to 23% to the prices of U.S. goods above and beyond import duties. VAT is sanctioned by the 21-year-old General Agreement on Tariffs and Trade, to which the U.S. subscribes. Under GATT rules, the U.S. can neither match such export subsidies nor raise similar import barriers because it relies chiefly on other forms of taxation. Except for excise taxes on a few items-autos, alcohol and tobacco...