Word: luxembourg
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Dates: during 1980-1989
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...bills, which have to be paid in dollars. Furthermore, high U.S. interest rates, which are pulling in capital from around the world, have forced European nations to keep their own interest rates high, thus deepening a Western European recession (see ECONOMY & BUSINESS). But at their own pre-summit in Luxembourg two weeks ago, the Europeans could not agree on any common strategy to fight inflation and recession. They are divided between the tight-money policies followed by Thatcher and Schmidt and the stimulative spending approach that Mitterrand is bringing to France...
...French arms. King Khalid, in fact, is reported to have expressed concern over a possible Communist Cabinet role, while lunching at the Elysée two weeks ago. Aides to Helmut Schmidt hint that the Chancellor will drive the same message home to Mitterrand when the two meet in Luxembourg this week. In spite of such pressures, some Mitterrand-watchers predict that he will bring a few Communists into the government, if only to satisfy his longstanding ambition to "unify France's left...
...satellite aloft for the Space Communications Co. AT&T is planning to use a 1984 flight to put one of its new Telstar 3 satellites into orbit. Foreign nations have rented a total of 18 payloads, among them: an Arab consortium, Australia, Canada, China, Colombia, Great Britain, Japan and Luxembourg. Other potential users of shuttle space have been slower to come forward, in part because the idea of working in orbit is still a bit too risky and futuristic for most corporate chiefs to contemplate. But there is little doubt that microgravity and the "hard" vacuum of space offer unique...
...winner of the royal sweepstakes has several distinct advantages over some of the also-rans. Unlike several of Charles' flames, she held up extremely well under the daunting barrage of publicity accorded a royal romance. While one former contender, Princess Marie Astrid of Luxembourg, is Catholic, Lady Diana is an Anglican and thus presents no legal obstacle to marriage with the man who, as King, will head the Church of England. Unlike another of the Prince's dates, the lovely Davina Sheffield, she is also what Fleet Street calls "a girl without a past." This is a matter...
...Begin girding for an uphill election campaign, Anwar Sadat has been fearful that the peace process might lose so much momentum as to expire altogether. So the Egyptian President has undertaken a one-man campaign to keep the process alive. Two weeks ago, he addressed the European Parliament in Luxembourg, where he solicited Europe's help in persuading both Israelis and Palestinians to accept "mutual and simultaneous recognition." Afterward, he stopped over in Paris for talks with French President Valéry Giscard d'Estaing. Last week Sadat stoked the fires again: he renewed a long-forgotten, highly...