Word: new
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Dates: during 1960-1969
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...problem in carrying out the new "Pauline policy" is how to keep the Vatican's income high while rearranging its portfolio. Accordingly, financial men expect the church to invest more funds outside Italy than it has in the past. By adopting a low domestic profile as a capitalist, the Pope hopes in time to erase the "Vatican satellite" image from Italian companies...
...sharpest break yet with its Gaullist heritage, the government of President Georges Pompidou has just decided to build atomic power stations based on American technology. The government will ask for bids from interested companies and make its decision this spring. The new plants will burn enriched uranium, which is highly fissionable and relatively cheap to use. Almost all of the Western world's enriched uranium is produced in gaseous-diffusion plants owned by the U.S. Atomic Energy Commission. For a time, at least, France would become dependent on U.S. fuel. The government announcement angered French atomic workers, who face...
...leading contender for the job of developing the new atomic stations is Westinghouse Electric. With one plant in Spain, Westinghouse is negotiating for another in Belgium as part of an effort to form a $1 billion-a-year electrical equipment combine on the Continent. Last year the De Gaulle government prevented Westinghouse from buying Jeumont-Schneider of France, a key company in the consolidation plan, but Westinghouse hopes for a friendlier decision from Pompidou...
...damage to their property before high water floated the debris away. "Many of my people saw their houses blown away, but the insurance companies say this isn't so," says Chalin Perez, president of the Plaquemines police jury, the parish's governing body. Perez, a New Orleans attorney, is forming a community legal group to bring court action...
...some unquenchable zeal. No one knows whether Tristana will indeed be his finale or whether Luis Buñuel is trying to propitiate fate by loudly leaving art before reality quietly leaves him. If there is any certainty about the enigmatic old film maker, it was recently voiced by New Wave Director Louis Malle: "Buñuel will die with the director's light meter dangling round his neck...