Word: forli
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Dates: during 1970-1979
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Some French fashion chiefs are indignant. Robert Ricci complains that the assertive American-type perfumes should "only appeal to jet-setters who want to shock." Lanvin's marketing director, Jean-Louis Delpuech, scoffs that U.S. perfume makers have tended "to go 'down market' to a type of...
What seems to concern the French as much as the spread of the American scent is the expansion of American ownership of perfume houses. Coty, for instance, is owned by the Pfizer pharmaceutical firm, Pierre Balmain by Revlon, and Jean d'Albret by Max Factor. Globally, sales of U.S...
"Peace is not an abstract. It means a better life for people. We have shaken off prejudice. Now we must destroy poverty, ignorance, hunger."
Then there is oil. An exporter only since 1974, Egypt will sell $1.1 billion worth of crude this year, accounting for 40% of its trade income. Never a member of OPEC, the country doubled the price of its oil early this year and now charges a robust $34 per bbl...
Thanks to its foreign income, Egypt has not been hurt economically by the loss of the $800 million or so in Arab aid it used to get annually, or by the Arab countries' refusal to do business with Cairo; before the boycott, those states accounted for only 7% of...