Word: euros
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Those who think I haven't given sufficient attention to international monetary policy will be pleased to learn that I've been in London studying the euro, the unified currency being adopted by the European Union, and have decided that it sounds too much like a small...
Also, they've been telling me, the euro would be unified only on paper. Spoken out loud, the euro is as many currencies as there are languages. The Spanish would presumably call it an ay-oo-roe. The French pronunciation is so odd that an English doctor I spoke to advised against attempting it on an empty stomach...
...Economic growth resumed there this year, but the projected gains are pretty modest: 2.3% in 1997 and 2.7% in 1998. The fate of the common currency of the European Monetary Union, which is to be inaugurated Jan. 1, 1999, is a big reason. The new unit, known as the euro, will proceed on schedule, predicts John Hsu, CEO of John Hsu Capital Group, a New York City-based money-management firm. "But there will be all kinds of compromises. That implicitly means the euro is going to be a weak currency." Britain is expected to fare marginally better than...
Interestingly, some of the directors are contemptuous of the field in which they've risen to the top. "Music videos are largely rubbish," says Glazer, whose video Virtual Insanity, for the trippy Euro-dance group Jamiroquai, is nominated for a record 10 MTV awards. Says Sigismondi: "I don't watch [MTV]. I'm really not up on what's trendy. I'm in my own little world...
Francis Ford Coppola made nudie films; Martin Scorsese's first feature went out on the grind circuit. Meyer (with his giddy editing style), Radley Metzger (who made elegant variations on Euro-smut) and R.L. Frost (a versatile imagist, heavy on the rough stuff) could have played in the majors. But most exploiteurs were amateurs--like Doris Wishman, with her mesmerizingly absurd tales of good women gone bad. The husband-and-wife team of Michael and Roberta Findlay, who, Weldon says admiringly, "made the most twisted softcore adult movies of them all," later concocted the fake snuff film, Snuff. They specialized...