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Meanwhile, company size rankings in the oil business could change. Four American companies−Exxon, Texaco. Mobil and Chevron−that import heavily from Saudi Arabia will be able to undersell such other producers as Shell, British Petroleum and Compagnie Française des Petroles, which rely more heavily on the higher-priced OPEC states. All in all. Yamani seems to have touched off a classic capitalist price war. That is scarcely what cartels are supposed to do. and OPEC least of all; its increases were once heralded as the start of a "new economic order." But that was before...

Author: /time Magazine | Title: OIL: The OPEC Supercartel in Splitsville | 12/27/1976 | See Source »

...Gaulle's old 1947 movement was called the Rassemblement du Peuple Fran...

Author: /time Magazine | Title: FRANCE: Chirac: Rousing the Gaullist Ghost | 12/20/1976 | See Source »

...risks he takes, Chirac's operations are meticulously planned and executed. Before picking a new name for his party, he consulted marketing experts and conducted polls on key words. It was discovered that rassemblement was better received than mouvement. République and française (which was later dropped from the name because Chirac thought it suggested a challenge to the government) struck responsive chords, though democratic did not. Indeed, a computer analysis revealed that De Gaulle had used the word only nine times in all his public speeches...

Author: /time Magazine | Title: The World: Political Poker Is His Game | 12/20/1976 | See Source »

...characteristics. Thus the bassoon: "I am something of a deep thinker." Somehow, this unpromising libretto inspired Arrowood to portray each instrument being performed by one of his bewigged and frock-coated reptiles. The results are as absurd-and as charming-as Babar the elephant enjoying the Comédie Françhise...

Author: /time Magazine | Title: Books: GIFT BOOKS | 12/13/1976 | See Source »

This bemused and scary parable is the essence of François Truffaut's magical Small Change, which last week inaugurated the 14th New York Film Festival. For Truffaut, children may not be saints. But they are a sacred trust, and he shares a special communion with them. In Small Change he becomes almost an accomplice in their youth...

Author: /time Magazine | Title: Cinema: State of Grace | 10/11/1976 | See Source »

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