Word: internationale
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Dates: during 1970-1979
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Today Kenya's economy is heavily dependent on foreign aid, which now totals $300 million a year, or about 10% of the country's gross national product. Explains an Agency for International Development economist stationed there: "People like to give money to Kenya. It's a sexy...
When they first appeared in Germany 500 years ago, one chronicle denounced them as an "uncouth, dirty and barbarous" people who "live like dogs and are expert at thieving and cheating." During the Middle Ages, aristocrats out on a hunt considered them fair game, along with birds and boar. More...
DIED. Edward Ardizzone, 79, children's book illustrator and author who created the popular Little Tim storybook series; in London. Born in Haiphong, in what was then French Indochina, but reared in England, Ardizzone, whose style has been likened to Hogarth's and Rowlandson's, served as...
The best future asset is the forthcoming liaison with France's rich dowager, Renault, which will eventually own 22.5% of American Motors stock. Renault's mini Le Car is selling well in AMC showrooms and drawing customers to some of American Motors' own models. Automakers will survive...
As the meeting ended, the Vatican issued a public financial communique, its first ever, revealing a 1979 budget deficit of around $20 million. The gap has been met by "Peter's pence," the aid offering from churches around the world, and other gifts. But the 1980 deficit will be...