Word: flows
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Dates: during 1970-1979
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Some of those currents flow from the two superpowers who have guided Europe's destiny since the end of World War II. With Viet Nam out of the way at last, a measured American recessional resumes with negotiations on trade and troop reductions that may well have a profound-and perhaps traumatic -effect on both Western European prosperity and security. At the same time, the old U.S.European "Atlantic community" is rapidly evolving into a spirited international rivalry. While the U.S. obviously remains vastly stronger, and Western Europe is still far from a unified world power, the new sense...
Bohdan Hawrylyshyn, Ukranian-born director of Geneva's respected Center of Industrial Studies and a convinced European, argues that the flow toward unification is "irreversible." The Common Market may turn out not to be the main instrument of unity, he concedes. Other concerns, particularly the environment, will have a role in forcing the Europeans to make common cause. Eventually, Hawrylyshyn predicts, Western Europe might evolve into "a loose federation along, let's say, the Swiss pattern." NATO will fade; Eastern Europe and the West "will draw closer together, but remain on different wave lengths...
...chief also will press to lower the floor for negotiated commissions to trades of $100,000 or more by the end of this year. Cook asserts bluntly: "My friends on Wall Street tell me blood will flow if this happens, but we are going to keep pushing anyway." He hints that he will be referring to the Justice Department, for possible prosecution, more cases in which the SEC suspects that investors have profited by trading on the basis of corporate information not disclosed to the public...
...power necessary to run these transistors; it gives off only a tiny fraction of the heat they radiate. And it is transistor heat as much as switching time that limits a computer's skills. For when transistors are packed closer together in order to speed up the flow of signals between them, the risk of overheating is sharply increased...
...British scientist named Brian Josephson, who was only 22 at the time. While studying superconductivity,* the Cambridge graduate student determined mathematically that pairs of electrons would "tunnel" through material that is normally an electrical insulator if it is thin enough and sandwiched between two superconductors. If the flow of electrons through the insulator were kept below a certain critical value, he found, there would be no difference in voltage from one side of the insulator to the other. (At normal temperatures, an electric current never flows unless there is a voltage differential.) Josephson also predicted that if an external magnetic...