Word: frans
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...foretaste of what may be in store at Williamsburg came last week from French President François Mitterrand. At a press conference following a meeting with West German Chancellor Helmut Kohl, Mitterrand lashed out at American economic policy and complained that "it is not normal for the U.S. budget deficit to be paid by us in Europe." His meaning: U.S. shortfalls are the prime cause for continuing high international interest rates; these, in turn, could squelch the hesitant economic recovery in Western Europe. As a side effect, the level of interest rates has powerfully augmented the value...
There are almost as many ways to cook morels as there are toadstools in the forest. In Mesick and other Midwestern towns, people simply dip them in flour or cracker crumbs and fry them. Many restaurants, like Manhattan's Four Seasons and Le Français, in Wheeling, Ill., use them as garnishes for meat and game or in a cream sauce. Owner-Author George Lang of Manhattan's Cafe des Artistes insists on serving them as a separate course sauteed in olive oil or butter: "They are too precious to use as a vegetable...
...students have any real link with the merchants, doctors and farmers. Says Charles Millon, a leader of the Union pour la Démocratic Française, founded by former President Valéry Giscard d'Estaing: "What is going on is an expression of corporatist, or special interest, discontent in French society." So far, the mood has translated into a bewildering checkerboard of largely middle-class protest. Hospital interns and senior clinic physicians struck nationwide for five weeks, protesting a government plan that would reduce their chances for promotion. University students are objecting to a sweeping plan, drawn...
...creating jobs. Jean Poperen, the party's deputy leader, last month charged that the government was losing its "popular support" and called for a return to the "class struggle" as the Socialists' central theme. Edmond Maire, leader of the Socialist-dominated Confédération Française Démocratique du Travail, has repeatedly criticized the government for failing to consult the unions before making unpopular economic decisions...
Nonetheless, profound disagreements remain, most notably on how to deal with gyrating currency values that have disrupted trade and investment patterns. In a speech at the Elysee Palace, French President François Mitterrand, whose government has been shaken for two years by the falling franc, argued for an overhaul of the international monetary system to bring about more stable exchange rates. Nothing so ambitious has been tried since 1944, when representatives of 44 nations met in Bretton Woods, N.H., and established a worldwide system of fixed exchange rates that endured for nearly 30 years (see box). Said Mitterrand...