Word: luxembourger
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Effects of the Italian bank scandal have quickly rippled through the Western financial community. Last week the assets of Banco Ambrosiano's Luxembourg subsidiary were frozen after two British banks called loans totaling $125 million. That, in turn, has put in jeopardy up to $400 million in loans held by some 250 banks, including Bank of America...
Manufacturers Hanover. The Gotthard Bank, a small Swiss bank, was immediately endangered because 45% of its shares are held by the Luxembourg subsidiary of Banco Ambrosiano. Officials of the Gotthard Bank are now looking for someone to buy the Ambrosiano stock...
Squirreled away in his safe-deposit box, Calvin Trillin keeps a list of prominent novelists who once sported Nehru jackets. Occasionally, he will take out this list and peruse the names the way a stamp collector savors his Luxembourg misprints. That is precisely what readers ought to do with Trillin's essays in Uncivil Liberties, originally written for the Nation from...
...counter the Soviet military threat. The West Germans will attempt to couple any such declaration with one that emphasizes the need to reduce East-West tensions. The final result may be a statement similar to one worked out last month by NATO foreign ministers at a meeting in Luxembourg: "The allies will persevere in their efforts to establish a more constructive East-West relationship aiming at genuine détente . .. Arms control and disarmament, together with deterrence and defense, are integral parts of alliance security and policy." This compromise, first proposed by Denmark, was pleasing to Bonn because it explicitly...
...attendance will be government leaders from the U.S., Britain, Canada, West Germany, Belgium, Denmark, Italy, Iceland, Luxembourg, The Netherlands, Norway, Portugal, Greece, Turkey and Spain. Since France's formal withdrawal from NATO'S military command in 1966, its President does not attend summit meetings. Mitterrand, however, will be at the opening dinner. Premier Pierre Mauroy will represent France at the summit...