Word: frankfurt
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Dates: during 1980-1989
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...written by Senior Writer Ed Magnuson, who also wrote last spring's cover story on the aborted rescue mission. Contributor John Skow reviewed the events leading up to the final breakthrough, with assistance from Reporter-Researcher Richard Bruns. Using sources he developed on four previous trips to Frankfurt and Wiesbaden, Correspondent Lee Griggs kept close tabs on the preparations to receive the hostages in West Germany. In New York, a TIME reporter specializing in Persian Gulf affairs stayed in close telephone contact with sources in Tehran, ran a network of journalists there and monitored Iranian radio broadcasts. Says Magnuson...
...movement of Iranian money from the various European branches could not be executed quite so quickly. Still, the task apparently could be handled mainly by telephone once each bank determined the precise amounts to be credited to Iran. Said a banker in Frankfurt: "All I need is a phone and a key to get in the front door. It's not a complicated thing." Most of the branches keep funds on deposit at their home offices in the U.S., and each bank's top officials apparently could order them transferred to the Federal Reserve System...
...People couldn't believe what they were seeing," recalls Yo-Yo Ma, 25, but to him it was natural. He had a concert in Frankfurt that night, then a flight to a recording date in London, and while waiting for help, Ma decided to brush up on his Haydn. The dedication is typical for Ma; so is the hectic schedule (125 concerts this year) and the cheerful indifference to adversity. The silky beauty of his playing awes not only critics but other musicians. Isaac Stern, the virtuoso of violin and musical politics, says: "Ma is one of the greatest...
...ranged from 16% for Lisbon to 67% for Stockholm, the costliest city. The Swedish capital has wrested that dubious distinction from Geneva, which is now No. 4 on the price parade, just behind Oslo and Brussels. The next six, in descending order of costliness: Copenhagen, The Hague, Paris, Vienna, Frankfurt and London...
...London, which in six months moved from being 35% more expensive than New York to 53%, largely because a strengthening in the British pound has raised costs in terms of Yankee dollars. That has put the British capital in line with such middlingly expensive cities as Paris, Vienna and Frankfurt, which are all "only" about 55% costlier than New York...