Word: hendrikus
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...becoming obvious that domestic mergers offer big commercial banks a fast way to reduce expenses before they take the more uncharted jump outside national borders. "There's a preference to start with domestic mergers first because they offer the quickest way to reduce excess capacity by cutting jobs," says Hendrikus Blommestein, acting head of the financial markets division of the Organization for Economic Cooperation and Development in Paris. Jean-Pierre Danthine, a professor at the University of Lausanne, suggests an additional motive for the at-home trend in corporate behavior: domestic mergers have the advantage of eliminating local competition...
...Hendrikus Johannes Witteveen, 56, the managing director of the International Monetary Fund, is the most enigmatic international civil servant since the days of Dag Hammarskjeid, the mystic who died in a plane crash while serving as Secretary-General of the United Nations. An economist by training, Witteveen always carries a pocket calculator, which he whips into action during esoteric discussions of international finance. A strict adherent of the obscure Sufi religious cult,* Witteveen, despite the intense pressures of his job, finds time to meditate every morning and evening. He sees no conflict between the practice of the dismal science...
Economists are often accused of indulging in mysticism; in the case of Hendrikus J. Witteveen (pronounced Wit-uh-vain) it is a simple statement of fact. A brilliant academic who twice was Finance Minister of The Netherlands, Witteveen is also a vice president of the Sufi movement, a Muslim sect that is dedicated to mysticism and to meditation...
...disparity and elasticity in matters of faith and order. One paper, read by Professor Chrysostom Konstanti-nidis of Turkey's Halki Theological School, was based on the assumption that Eastern church traditions are closer to original Christianity than Western traditions. Yet few Protestants took offense. Said Lutheran Professor Hendrikus Berghof of The Netherlands: "Our Orthodox friends speak very frankly. They say, 'You are not the church, and we are the church,' and we applaud. We need a real conversation...
...long after Johannes Hendrikus Urbanus got back to The Netherlands last spring, a Dutch baseball official said sadly: "I wish Hannie had stayed home." The star pitcher of the Dutch Honkbal champions, Amsterdam's Op Volharding Volgt Overwinning (perseverance leads to victory) team, Hannie, 25, had just spent a month in the U.S. at the New York Giants' training camp (TIME, Feb. 25). He learned some tricky pitches, but Hannie and the things he had learned in America played hob with Honkbal...