Word: internationale
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Dates: during 1960-1969
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No matter what they are wearing underneath, women from coast to coast are buying the nude look. In Cambridge, Mass., the buyer for a new shop, True International, reports a dizzy business in see-through shirts. "We can sell anything that is transparent and purple," she says. New Yorkers do...
Indiscreet Talk. Last week's decision outraged many of Germany's trading partners, who saw it as a shortsighted and selfish maneuver that threatens their own economies. The French are bound to feel that the Germans are trying to force them into devaluing just after their June 1...
Eurodollars create a mixture of benefits and headaches. On the plus side, they provide a vital source of private capital to finance world trade and the growth of international corporations. They bankroll oil exploration, highway construction and even occasional European government deficits. Without them, Europe would lack the investment capital...
All in all, the Eurodollar amounts to a new and highly controversial form of international currency. Last week in Strasbourg, Vice President Raymond Barre of the Common Market warned the European Parliament that Eurodollars have become "one of our continent's top-priority problems."
When a paddy wagon drove them from Fairbanks International Airport back to the smokejumper base, the firefighters underwent a period of cultural shock. They became high on novelty. Inside the truck, they felt like monsters caged for the first time with a crew of other wild apes. They suddenly discovered...