Word: europeanization
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Dates: during 1970-1979
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...European trip, the advance men's first exposure to the world of diplomacy, they solved their problems by acting as if they were running a political stopover in Des Moines. They paid no attention whatsoever to our ambassadors, many of whom they distrusted as lame-duck Democratic holdovers, and only minimum heed to the sovereign governments that were our hosts. When White House Aide John Ehrlichman sought to prescribe a guest list for a dinner at 10 Downing Street, David Bruce, our Ambassador in London, who had seen too much in a distinguished diplomatic career to be intimidated...
...York, ballet insiders speculate that Godunov will make his first post-defection appearance when the American Ballet Theater opens its December season in Washington, D.C. Because the Kozlovs are not in a class with the spectacular Godunov, they will probably find a base in a less prestigious American or European company that will be glad to have a pair of superbly trained Bolshoi dancers...
Erickson has immersed himself in European and Japanese architecture, spending almost half his adult life abroad. He is currently putting up a new building for Saudi Arabia's ministry of foreign affairs and a whole new city in Kuwait, and he hopes to build in China a tourist hotel that will incorporate not merely Western technology but native talents, tastes and materials as well. Indeed, China's drab and joyless metropolitan centers may even be ready for a Great Wall of Erickson...
Fears that OPEC oil prices would rise and supplies would tighten also helped speed the rush to bullion, as did the perceived political weakness of Jimmy Carter and the threat of a challenge from Edward Kennedy. Some European dealers are calling the gold surge a "Kennedy rally" because it has been spurred by expectations that his free-spending, liberal policies might exacerbate U.S. inflation if he were elected. In the thin, highly volatile market, that distant worry is enough for a big rise...
...economy at home." They are fearful that in his zeal to raise interest rates to buttress the buck abroad, he will worsen the Interest rates have been rising through the industrialized world since July, as governments try to curb inflation. But the U.S. has been playing catch-up with European and Japanese rates. At present, U.S. interest levels are no higher than existing U.S. inflation rates; thus there is scant reason for money traders to buy dollar-denominated short-term securities, since they earn nothing. Other currencies are a better buy. For example, even though the West German prime rate...