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France's E.R.A.P. (for Entreprise de Recherches et d'Activités Pétrolières), a state-owned complex, would love to break into the ranks of the world's top oil-exploration and production outfits -by whatever means...

Author: /time Magazine | Title: France: Sweetening the Oil | 10/14/1966 | See Source »

Leven, a sixth-generation member of a family prominent in Paris business, negotiated patiently for eight years to acquire Vichy. A controlling 43.8% interest in Vichy is held by a beer firm called Brasseries et Glacières de 1'Indochine (BGI). Perrier in turn owns 33% of BGI. The swap that Leven finally arranged was to give BGI its 33% and in return take the controlling interest in Vichy. Perrier has acquired another 10% of Vichy shares from other stockholders. Perrier will not only bottle the water from the twelve mineral springs in the town of Vichy...

Author: /time Magazine | Title: France: Straight from the Spa | 9/16/1966 | See Source »

Once again, all good bankers have had to come to the aid of Britain's pound. After an emergency $3 billion international loan in 1964 (still not paid back), and another $1 billion res cue in 1965, the Bank for International Settlements and eleven countries last week had to renew the billion-dollar bundle for Britain. The pound, which two weeks ago had dropped to a 15-month low of $2.78 27/32, rallied to $2.79 2/32. But in the finance ministries and central banks of Europe and North America, money managers were asking: "How long, O Lord, how long...

Author: /time Magazine | Title: Britain: How Long? | 6/24/1966 | See Source »

...Show program is still alliterative: "Extraordinary Equine Exhibition! Res-inback Riders and Revelers! Trilogy of Teeterboard Terrors!" And the circus' biggest acts are still those with negative benefits: a Siberian tiger named King rides around on a horse named Tiger and does NOT eat him; a Mexican acrobat does a triple somersault-the one that gave Burt Lancaster all that trouble in Trapeze-and does NOT fall: Helena Rassy's pastel-dyed pigeons are released from the balcony and flutter down to her and NOT into the crowd...

Author: /time Magazine | Title: Circuses: This Is Old, Pussycat--But It's Fun | 4/29/1966 | See Source »

...dignity through several assaults of whimsy that would shake a saint. In one dreary episode, she is conned into buying scanty costumes for the school band. In another, she sends a shy little nun off to help a pack of screaming girls shop for their first brassières. Director Ida Lupino lets Angels swing lowest when she introduces a lay teacher, clad in passionate purple, whose specialty is "interpretive movement." Gypsy Rose Lee plays the part with all the boop-de-doo phoniness a second-rate show deserves...

Author: /time Magazine | Title: Cinema: Nuns Dimittis | 4/8/1966 | See Source »

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