Word: moro
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...worst week of political agitation in a year. Bands of leftist youths went on a two-hour rampage to protest the death of a radical youth during an earlier demonstration. Striking metalworkers, demanding higher pay, locked arms in Rome's Piazza Navona and with rhythmic solidarity chanted, "Governo Moro, te ne devi andá-da" ("Governo Moro, you've got to go-go"). Premier Aldo Moro's shaky Christian Democratic minority government was then more directly threatened by the 20,000 Italian feminists who poured through Rome demanding that the country's tough anti-abortion laws...
...Christian Democratic Party sought to "de-penalize" the law. Unless they did, pro-abortion groups had the 500,000 signatures necessary to force a national referendum on the issue. Still reeling from the impact of a successful divorce referendum in 1974 that divided and nearly shattered his party, Moro hoped to avoid a comparable trauma with a compromise bill softening the present...
...already alarming slide in the lira. In a single day, the lira fell from 842 to the dollar to 880; it closed at 875-down 27.6% from 686 as recently as Jan. 20. To boost government revenues and restore confidence in the lira, the government of Prime Minister Aldo Moro started a harsh austerity policy. Among other things, it raised taxes on auto sales, lifted the price of gasoline by 14.3%, to $1.73 a gallon, and raised the government bank lending rate a startling four points, to 12%. Significantly, Prime Minister Moro, whose Christian Democrats are operating a minority monocolore...
...reason, according to Lockheed Vice Chairman and Chief Operating Officer Carl Kotchian: "An Italian Senator" told a Lockheed consultant that unless the payments were made, no Lockheed planes would be bought. Normally, Gui would have been included in the new Cabinet named last week by Prime Minister Aldo Moro to end a five-week government crisis; he was left out at his own request so that he can try to clear his name. Whether he can do so or not, the scandal will hardly help the shaky Christian Democratic Cabinet maintain itself against the growing political power of the Communist...
President Leone last week asked Moro's Cabinet to remain temporarily in office in caretaker status. This week, he will begin the ritual consultations with various party politicians in an effort to form a new government. De Martino, responding to labor-union fury over early elections, allowed at week's end that the Socialists would "evaluate and consider" counterproposals to their demands, but the hope is nevertheless dim. Conceivably, Moro, or some other Christian Democratic leader, could try to rule with a new minority government, but it would probably fail its first parliamentary test. Worse, it would only...