Word: europeanization
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Dates: during 1950-1959
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Trooping through The Netherlands last week went 78 American tourists whom most European businessmen were particularly anxious to impress. The tourists were all members of the New York Society of Security Analysts on a field trip to see whether European securities are a good buy. Conclusion after touring 37 companies in five countries: definitely but for sophisticated investors...
...investors have been stepping up their buying of European securities for the past six months. The largest single stock purchase by 26 major U.S. funds in the fourth quarter of 1958 was the holding company for Philips' Gloeilampenfabrieken, the G.E. of Holland. So many orders are going into London from the U.S. that at least two London brokers are keeping their trading desks open until 8:30 p.m. to handle orders to buy British securities. The Frankfurt stock exchange, which closes before the New York Stock Exchange opens because of the time difference, is thinking of reopening later...
Herter will begin formal talks with his French, British and West German counterparts tomorrow in the French Foreign Ministry. Diplomatic sources said the talks, scheduled to last three days, will be under three general headings: Berlin, German reunification, European security...
...street crowd; so, for good measure, was his companion. In West Germany, in an odd echo of the Algerian troubles, the public prosecutor of Frankfurt charged that a French underground organization called "the Red Hand" had murdered five Swiss and German citizens in a clandestine war against Central European businessmen engaged in selling arms to Algeria's rebel F.L.N...
...Asians are now trying to come to terms with it. In Kenya, Indian members of the Legislative Council have joined with Labor Leader Tom Mboya against the whites. But the fact remains that a few years ago the Mau Mau were just as ready to dismember Asians as Europeans (though Nehru blindly urged Kenya's Indians to support the Mau Mau "liberation army"), and that in some of the recent riots in Nyasaland, Indians and their shops were the chief victims. "We are like a football," says one Nyasaland Moslem. "We get kicked from the European side...