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...meeting of the United Nations Conference on Trade and Development (UNCTAD), a group set up in 1964 primarily to give poor countries a forum in which to air their economic problems. In its three previous gatherings, UNCTAD has produced an elephantine mass of paper but little of substance. UNCTAD IV, which will meet for three weeks, had better achieve something more. At issue is the Third World's increasingly clamorous and potentially disruptive demand for a "new international economic order" that would give less developed countries (LDCs) a bigger share of global wealth...

Author: /time Magazine | Title: TRADE: Square-Off in Nairobi | 5/10/1976 | See Source »

...divergent ideas, a fragile climate of cooperation exists in practice between the rich and poor countries: both genuinely want to make UNCTAD IV a success. The stakes go beyond economics. As Corea warns, the potential "frustration and failure" of the poor countries are not healthy for world peace...

Author: /time Magazine | Title: TRADE: Square-Off in Nairobi | 5/10/1976 | See Source »

...easily imagine him as the intellectually introspective and acerbic philosopher king of Pirandello's Henry IV. And he could be a storm to measure storms by on the fate-blasted heath of King Lear...

Author: /time Magazine | Title: The Theater: Imperator Submersus | 5/10/1976 | See Source »

...IV, after Inspector Erskine had solved that Sunday's kidnapping or smashed last week's interstate car-theft ring, many of The FBI's 40 million viewers turned the set off and rested peacefully. They had just received another hour of reassurance that the Federal Bureau of Investigation was still as effective as the G-Men who rounded up Dillinger, Floyd, Nelson and Barrow. Sure, some realized that the cases for the show were selected from the choicest FBI files--probably pre-selected to make sure that the epilogue didn't have the fugitives escaping on some illegal wire...

Author: By Jim Cramer, | Title: Beyond Tomorrow's Headlines | 5/6/1976 | See Source »

Archduke Otto, 63, is the son of Emperor Charles I of Austria (also King Charles IV of Hungary), who lost his thrones after World War I. The Archduke, who prefers to be known as Dr. Habsburg, is an author and lecturer on the cause of European unification. He lives outside Munich; he and his wife, German Princess Regina, have seven heirs. Also throneless as a result of World War I is Prince Louis Ferdinand of Prussia, 68, grandson of Kaiser Wilhelm II. He has a doctorate in philosophy and occupies himself with administering the family fortunes. His late wife...

Author: /time Magazine | Title: The World: The Keepers of the Flame | 5/3/1976 | See Source »

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