Word: milan
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Dates: during 1960-1969
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Lonely People. The idea started when she began singing along with her 13-year-old daughter's Beatle records at home in Milan, where she has lived since 1950. The plaintive Eleanor Rigby, a lament for lonely people, impressed her as "one of the most beautiful I'd heard in years." She began spicing her recital programs with Beatle numbers, arranged in classic styles by artists such as Pianist Peter Serkin, who scored a contrapuntal Bachground for Yesterday. She has now recorded a dozen Beatle songs on an LP called Revolution, which was recently released...
After rippling off a new recording in Cologne (mostly Stravinsky), Cathy got home to Milan in time to welcome her new record of Berio's Circles and Sequensa Ill, and to prepare for next week's Contemporary Music Festival at Geneva. There she will do her own composition Stripsody, an unaccompanied vocal fantasy based on themes from the comic strips. Sample lyrics: "Arrgy . . . Gulp . . . Good grief! . . . Blam . . . Blam . . . It's Superman...
...industrial output by two-thirds, their gold and foreign exchange reserves by 100%. Thousands of European firms have merged to take advantage of the market of 180 million that the European Economic Community has created, sending Volkswagens to Belgium, French cheese to Munich, Chianti to Holland, Dutch chocolate to Milan, in a great, borderless swirl of what were once national products...
They may soon change their ways. Moving boldly into a field that has belonged almost exclusively to pawnbrokers and loan sharks, who charge 30% to 100% interest, the Milan-based Banca d'America e d'ltalia, a subsidiary of the U.S. Bank of America, set up a small-loan program late in 1965. Its slogan: "Anyone who works can have credit." The cost of that credit is only 6% discount a year. And where loan sharks demand heavy collateral, the bank, for its one-year loans of up to $1,600, asks only for proof that the borrower...
...seems to be. In a report on the first full year of the program at a recent stockholders' meeting in Milan, Tonello announced that 13,000 borrowers had flocked to the bank's 83 branches, picked up a total of $6,500,000 in loans for everything from home improvements to honeymoons. For all the fears about hit-and-run borrowers, the loss rate was a low .3%-roughly the same as the U.S. average...