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...that caused the painter to jump from his own balcony in Antibes -- as "the most considerable, the truest and the most fascinating young painter to appear on the scene, in Europe or elsewhere, during the last 25 years." His influence was wide. Those cakes of thick pigment, those creamy, generous brushstrokes inlaid like rough marquetry over their contrasting grounds, struck many artists in the 1950s as a viable alternative to the linear, quasi-geometric abstraction that had grown out of the cubist grid. But though De Stael had a healthy effect on two or three major artists, especially the English...

Author: /time Magazine | Title: Art: A Lyrical Colorist Rediscovered | 7/23/1990 | See Source »

...Baron Vladimir Ivanovitch de Stael-Holstein, who was dispossessed by the revolution. He was very tall, with a booming voice, a lyrical intelligence and the manic- depressive character of so many Russians, now lethargic and broody, now consumed with febrile energy. Desperately poor most of his life, he was generous to the point of folly; when money came, he threw it away like a cavalryman on a binge. He was acutely conscious of lineage and tradition. The art of the past, one might say, became De Stael's absent father. He began his public career as an abstract painter...

Author: /time Magazine | Title: Art: A Lyrical Colorist Rediscovered | 7/23/1990 | See Source »

Once the foremost dispenser of largesse to poor countries, the U.S. has fallen behind Japan in total assistance. When foreign aid is measured as a percentage of gross national product, the U.S. is the least generous of all the advanced industrial democracies...

Author: /time Magazine | Title: America Abroad: Uncle Sam as Tightwad | 7/23/1990 | See Source »

...minted DMs will have the same effect on growth as a sizable tax cut. When this new demand hits a West German economy operating close to capacity, the Bundesbank will be keeping a wary eye on developments. Bundesbank president Karl Otto Pohl calls the 1-to-1 conversion "a generous offer that went to the limit of what is economically acceptable." But he believes inflation can be contained...

Author: /time Magazine | Title: Germany: The Big Merger | 7/9/1990 | See Source »

...European ventures valued at anywhere from $100,000 for restaurants to more than $100 million for giant industrial complexes. The most popular places for business: Hungary (pop. 10.6 million) and Poland (pop. 38.2 million). Each has attracted more than 1,000 ventures, in part by passing laws that give generous tax breaks to foreign investors...

Author: /time Magazine | Title: New Kids on the Bloc | 7/2/1990 | See Source »

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