Word: europeanization
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Dates: during 1970-1979
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Time's contempt for part-time farmers exemplifies its disdain for small, independent endeavors. In European countries, where part-timers make-up as much as 55 per cent of the farm population, the creative combination of working on the land and in small rural communities has enabled many people to maintain a cherished way of life...
...psychological impact would be the most powerful, but the economic one itself would be pretty powerful. The U.S. has over a billion invested there. And of course U.S. withdrawal would have a scare potential for European investors...
...think that European investors would come in and take up the slack if American corporations leave...
...often warring group of tribes speaking different dialects of a common language, the Celts occupied a territory that spread from Ireland to the edges of the Black Sea. Although they were avid hunters, they set a standard of orderly farming and cattle raising that has left its impact on European agriculture to this day. They were also expert ironsmiths who fabricated plowshares, scythes and even a primitive reaper two millenniums before Cyrus McCormick. They cut roads through the forests, sometimes paved them with timber and stone and rumbled over them in carriages that had wheels rimmed with iron. Above...
...enjoying robust sales and profits, Chrysler is in the midst of its worst year since 1975, when it lost $260 million. The company lost $158.5 million in the third quarter alone, and its full-year deficit could reach $250 million. On the plus side, Chrysler in August sold its European automotive assets to France's Peugeot-Citroën in a deal that included $230 million in cash. Riccardo has announced that Peugeot-Citroën coughed up the $230 million this year, months earlier than expected. Nonetheless, Chrysler's board last week cut the company...