Word: hauteness
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...will go hungry to gain our economic independence," said the Congo's President Joseph Mobutu when he nationalized Union Minière du Haut Katanga on Jan. 1. General Mobutu's economically shortsighted advisers clapped their approval, scoffed at the prospect of a mass exodus of Belgian technicians. "Pay them," one aide predicted, "and they will do anything." It did not turn out that way. Union Minière's management immediately chose to pull out. Shipments and, consequently, sales came to a standstill. Only five of 2,000 engineers and technicians opted to stay on under...
Congo President Joseph Mobutu last week nationalized the Union Minière du Haut-Katanga, the Belgian company that provided a living for 100,000 Congolese, accounted for about one-half of the government's revenues and 70% of the nation's foreign exchange. He thus took revenge on an institution that he held responsible for Moise Tshombe's Katanga secession in 1961, and that he charged with bilking the Congo out of its rightful share of the company's profits...
...news broke quietly on New Year's Eve. A wire-service report announced that Belgian-controlled Union Minière du Haut-Katanga, which annually mines 314,000 tons of copper in the Congo, was increasing the price of the metal from 380 a pound...
...rale is also growing in the Congo. Although the Congo government itself is now the biggest stockholder in the company's ore-mining subsidiary Union Minière du Haut-Katanga, Premier Moise Tshombe, an old friend of Union Minière, does not interfere with Brussels leadership-a fact that has encouraged the firm to increase its investment at the rate of $20 million a year. The Belgian company still suffers from some political tribulation. In former rebel territory, where ten of its employees were murdered, production of cotton and palm oil has been severely curtailed...
...quasi-documentary style, British Director John Schlesinger (Billy Liar) begins with a standard narrative device: a celebrated beauty spilling "My Story" to a magazine called Ideal Woman. Her name is Diana (Julie Christie), a sometime model, sometime bit actress, anytime trollop, whose face is her passport to the haut rnonde, where a legion of intimates come to know her as "Darling...