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...cost of a company payroll. The bulk of international transactions is made in dollars, and an unstable currency makes all planning difficult. Moreover, some experts wondered if the new situation of a strengthening dollar would quickly be followed by a weakening of the U.S. currency. But Italian Economist Luigi Spaventa challenges this view, arguing: "The underlying causes appear to be far stronger than in previous cycles of the dollar...

Author: /time Magazine | Title: Gold and the Dollar in a Flip-Flop | 2/16/1981 | See Source »

...20th Century. Igor Stravinsky: Three Movements from "Petrushka. "Serge Prokofiev: Piano Sonata No. 7. Béla Bartók: Concertos for Piano and Orchestra Nos. I and 2. Arnold Schönberg: 17 short piano pieces. Anton Webern: Variations for Piano. Pierre Boulez: Second Sonata for Piano. Luigi Nono: Music for Soprano, Piano, Orchestra and Magnetic Tape (Slavka Taskova, soprano, and the Symphony Orchestra of the Bayerischen Rundfunks, Claudio Abbado, conductor; Deutsche Grammophon, five LPs). Pollini's herculean fingering stands out even in that select circle of great young pianists to which he belongs. His Chopin Etudes...

Author: /time Magazine | Title: Music: Sounds for the Solstice | 12/22/1980 | See Source »

...things, the robotmakers answer. But by whom, and for what? Almost 20 years ago, Kurt Vonnegut's Player Piano portrayed a future society in which the elite few run the machines while the unemployable majority subsists on handouts in resentful idleness. "It's an enormous problem," concedes Luigi Lazzaroni, president of the Italian firm that makes the Pragma robot. "Many will have to learn how to work differently. The schools, the industrial firms and the government must cooperate to ensure that the workers are able to fit the requirements of industry...

Author: /time Magazine | Title: The Robot Revolution | 12/8/1980 | See Source »

...Rome-based Gucci chain, which has opened 17 specialty shops in eight countries, has offices in Italy, Britain and the U.S. that deal only with trademark protection. At present, the firm's biggest peeve is a string of five false stores in Argentina; they operate under names like Luigi Gucci and Guglielmo Gucci, and simply reopen with a new first name every time the real Gucci gets a court to order shut them down...

Author: /time Magazine | Title: Business: Bogus Blues | 11/24/1980 | See Source »

...DIED. Luigi Longo, 80, secretary general of the Italian Communist Party from 1964 to 1972 and a leader of the hardline, Moscow-trained faction of Italian Communism; of a heart attack; near Rome. The son of peasants, Longo won a Bronze Star from the U.S. for his activities with the Italian underground during World...

Author: /time Magazine | Title: Milestones, Oct. 27, 1980 | 10/27/1980 | See Source »

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