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French voters were savoring a U.S.-style scandal last week: allegations of secret arms sales to Iran, cover-ups and illegal use of misbegotten funds. According to a government report leaked to the daily Le Figaro, President Francois Mitterrand and former Defense Minister Charles Hernu, both Socialists, were aware of the arms shipments...

Author: /time Magazine | Title: France: Deja Vu All Over Again | 11/16/1987 | See Source »

French President Francois Mitterrand, speaking at a financial forum Thursday, complained about a "world that constantly moves the carpet under your feet, pulling it out and threatening to trip you up." The market bust, he said, "is the disorder of a non-system. There is no system. It has been broken." Others left no doubt about who must bear responsibility for fixing it. Says a senior Canadian government economist: "Everyone, all around the world, has been keeping an eye on the U.S. economy and wondering how long it could continue to survive without dealing with things like its trade imbalance...

Author: /time Magazine | Title: The Crash: Panic Grips The Globe | 11/2/1987 | See Source »

...subsidies and, in many cases, being turned over to private enterprise. The British government has sold to the public major shares of its national airline and telephone and gas companies. In France Conservative Premier Jacques Chirac is carrying out a sweeping reversal of the nationalizations that Socialist President Francois Mitterrand engineered in the early 1980s...

Author: /time Magazine | Title: Western Europe Basking in Europhoria | 10/19/1987 | See Source »

Last week Mitterrand and French Premier Jacques Chirac took up the battle in Quebec City at the Second Annual Francophone Summit. The meeting brought together representatives of 38 countries that use French as a primary or secondary language, including Belgium, Switzerland, Canada and former French colonies in Africa, Latin America, the Caribbean and the Pacific. While the concept of a union of French-speaking communities was developed 20 years ago, not until last year did Paris acknowledge its dependence on this fraternity to bolster the mother tongue by convening the first such summit in Paris. This time around, the French...

Author: /time Magazine | Title: Language Troubles of a Tongue en Crise | 9/14/1987 | See Source »

...time-share. While some of the expressions are felicitous -- the computer term random-access memory becomes simply memoire vive (live memory) -- some are decidedly clumsy. Computer hardware is vaguely called materiel, and the futures market has become le marche de contrats a terme (limited-term contract market). But, insists Mitterrand, "either our language is in the computer data base or it ceases to be one of the great methods of communication in the world...

Author: /time Magazine | Title: Language Troubles of a Tongue en Crise | 9/14/1987 | See Source »

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