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...Bourse's robust activity follows years of anemic performance. From 1961 to 1973, a time when France's economic growth rate was among the world's fastest, the Paris stock exchange remained as flat as a French crêpe. During the autocratic presidency of Charles de Gaulle from 1958 to 1969, companies were, in effect, forced to borrow from the government-dominated banks rather than raise capital on the stock market. Referring to the Bourse's principal trading circle by nickname, De Gaulle declared icily: "France's policy is not made in the Basket...

Author: /time Magazine | Title: Business: The Paris Bourse Is Magnifique | 8/4/1980 | See Source »

...Puerto Rico gets more than $1 billion in federal aid, but unemployment hovers at 18% and the living standard is well below that of the mainland U.S. Still, there is a growing recognition by the Administration that "poverty is the real menace" -to cite the words of Francisco Peńa Gómez, secretary-general of the Dominican Republic's ruling party. As one policymaker puts it, "There's a feeling that the U.S. should get more involved with a country like Nicaragua or a Caribbean island that is lashing out at us. The more...

Author: /time Magazine | Title: World: Troubled Waters | 10/22/1979 | See Source »

...relatively benign Southern aristocrat, breaks down and calls his son (Richard Thomas) a nigger when the boy marries a black (Fay Hauser). Paul Winfield, as a black college president, puts on a humiliating minstrel act to raise money from a socialite philanthropist (Dina Merrill). Ossie Davis and Brock Pe ters turn up as, respectively, a Pull man porter and a sharecropper, who risk their jobs to fight for economic equality. In his first TV performance, Marlon Brando appears in the final episode as American Nazi Party Leader George Lincoln Rockwell...

Author: /time Magazine | Title: Television: A Super Sequel to Haley's Comet | 2/19/1979 | See Source »

Terri de la Pe...

Author: /time Magazine | Title: Letters, Nov. 6, 1978 | 11/6/1978 | See Source »

...dictator last week declared martial law, a familiar tactic of troubled governments (see page 40). Somoza instructed his tough, 8,100-member National Guard to destroy the rebel forces and end the uprising. Guard units set out to rescue the embattled towns; in the south at Sapoá and Peña Blanca, they also violated the Costa Rican border in hot pursuit of Sandinistas. After a week of steady fighting, the conflict had taken on the proportions of a bloodbath, and U.S. diplomats met hastily with the government to speed the evacuation of a reported 1,500 Americans caught...

Author: /time Magazine | Title: NICARAGUA: Revolution of the Scarves | 9/25/1978 | See Source »

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