Word: major
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Dates: during 1970-1979
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...Parliament will have to depend on the prestige of its members and public opinion. Says Candidate Leo Tindemans, former Premier of Belgium: "Did you ever hear of any parliament that got all its powers on a plate by itself?" One plan is to organize public hearings on major issues and invite national Cabinet ministers to testify publicly. "It will be politically impossible for ministers involved in European policy to refuse to come," says Tindemans...
Spurring the Euro-Parliament on will be Europe's increasing sense of frustration that its economic strength has yet to be translated into more decisive voice in world affairs. "The major questions of the day are being decided by the superpowers," complains Tindemans. "The Middle East, the source of our oil, the SALT signing in Vienna, raw materials. All these things are being done over our heads, and we Europeans must have a voice...
...energy alternatives may seem like a step backward, they could collectively contribute more than 25% of the country's energy needs by the year 2000. Says John Sawhill, former Federal Energy Administration director: "We ought to be looking at everything because we do not know where the major breakthroughs will come...
Much of the recent buying comes from beyond Europe. Speculators in Turkey have made fabulous profits by hoarding gold as a hedge against their own sharply declining currency. The Arabs remain major buyers, and they like to get gold in 400-ounce bars (now worth about $110,000 each). Germany's Dresdner Bank is rumored to be holding 50 tons of gold for Arab accounts. It was presumably for those customers that the bank scooped up 652,000 of the 750,000 ounces auctioned off last month by the U.S. Treasury...
...Louis, which is also engaged in a major waterfront reclamation project as well as several residential rescues, was cited by the A.I. A. for its imaginative conversion of the St. Louis Art Museum, designed for the 1904 St. Louis World's Fair by Cass Gilbert, a leading architect of the Beaux Arts school. The airy building, with a 78-ft.-high vaulted ceiling, had over the years become so cluttered and partitioned that it looked more like a warren than a pleasure dome. Hardy Holzman Pfeiffer Associates gutted the interior to restore the structure's openness...