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...Secretary of State for Industry. His policy, called "Bennery" by his many critics, is to force cash-squeezed companies to accept government control in return for government bailout money. His biggest takeover so far is of British Leyland, the nation's largest auto-and truckmaker (Austin Morris, Rover, Jaguar, Triumph), which could not raise funds for plant modernization. The Labor government has already committed $2.2 billion to Leyland, but the total outlay may exceed $6 billion. The rescue plan, however, does not call for cutting back employment, though overmanning is one of Leyland's chief handicaps. Similarly, Benn...

Author: /time Magazine | Title: BRITAIN: Muddling to Collapse? | 5/19/1975 | See Source »

...files going up in smoke. "The ashes were flying all over," reported a Vietnamese professor. "We knew that the British were not burning incense for their ancestors." Soon afterward, Ambassador John Christopher Wydowe Bushell, spiffy in a well-pressed safari suit, headed for Tan Son Nhut in his silver Jaguar. The West Germans, the Dutch, the Canadians, the Thais, the Japanese and the Australians departed too, leaving only the French and the Belgians?who maintain diplomatic relations with the North Vietnamese?and, for the time being, the Americans...

Author: /time Magazine | Title: THE EXODUS: Turning Off the Last Lights | 5/5/1975 | See Source »

...street scuffle, had got dressed up too; he appeared in a football helmet garnished with a feather. The organizers hoped to raise $15,000 but, as one lonely Yakima surveying the shambles said, "There are many bad spirits here." ∎ With a cobra's speed, a jaguar's ferocity and the imagination of a Lenny Bruce, General Idi Amin Dado ("Big Daddy"), President of Uganda, has sacked his Foreign Minister, Princess Elizabeth of Toro, 34. He accused her of making love in a toilet at Paris' Orly Airport with an unknown European...

Author: /time Magazine | Title: People, Dec. 9, 1974 | 12/9/1974 | See Source »

Pressures and Intrigue. Initially, five planes were competing for the consortium's order. They were SEPECAT's (a British-French joint company) Jaguar, Saab-Scania's Viggen from Sweden, France's Mirage F1/M53 made by Dassault-Brequet, and two U.S. products: General Dynamics' single-engine YF-16 and Northrop's twin-engine YF-17, nicknamed the Cobra...

Author: /time Magazine | Title: NATO: Technopolitics in the Air | 9/23/1974 | See Source »

...Jaguar was quickly eliminated because it is not fast enough (1.5 Mach). The Viggen stands little chance of being chosen because the NATO purchasers do not want to rely on the neutral Swedes for so important a component of their national arsenals. This left the French and Americans, whose planes are comparable in size, speed and cost. All three compete favorably with the Soviet Union's new MIG-23 Flogger and even with the MIG-25 Foxbat at altitudes up to 50,000 ft. Still, there are major differences (see chart...

Author: /time Magazine | Title: NATO: Technopolitics in the Air | 9/23/1974 | See Source »

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