Word: europeanization
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Dates: during 1970-1979
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...political isolation, Taiwan has thrived economically. Its exports of color TV sets, textiles and electronics to the U.S., Japan and many European countries have earned it a place in the top 20 trading nations of the world...
...Wiesel: once again that bitter voice of remembrance. It is like having Jeremiah or Amos in town, denouncing people for their sins. Just about everyone is stung in these pages: American Jews for not shouting loud enough when they knew what was happening in Hitler's concentration camps; European Christians for standing idly by or keeping silent against the encircling terror. Even God is indicted. The tone echoes an ancient Jewish tradition, epitomized in the fiercely mystical Hasidic teachers whose stories Wiesel tells so well, men taking issue with the Master when the universe is out of joint...
This scheme sounds as grand as it is complex, but it falls short of being a true European monetary system. Not all the E.C. countries will participate. Britain, Italy and Ireland backed out, at least for now, because they feared they might have to spend too much and accept overly harsh austerity policies to support their currencies, which are weaker than the mark. As their price for participation, they wanted more loans and grants from richer E.C. countries. In fact, Italy and Ireland may still decide to join before the new system starts next month. Britain will stay...
...officially endorses the monetary union as an important step toward the integration of Europe. In the short run the plan should help the dollar. Reason: European governments will usually not sell dollars in attempts to lift their own currencies and that will relieve downward pressure on the greenback. Instead, these countries will sell other European currencies...
...Leiden, Goudsmit and Fellow Student George E. Uhlenbeck determined that an electron spins as it orbits the nucleus of an atom, a discovery that helped explain how atoms have magnetic properties. Two years later, he emigrated to the U.S., and during World War II served on a secret European mission to investigate German progress toward the atomic bomb...