Word: rying
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Dates: during 1970-1979
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...race is the more nerve-racking because the government has chosen to run it slowly. President Valéry Giscard d'Estaing has entrusted direction of the economy to a respected but politically inexperienced professor, Raymond Barre, 53, whom he named both Prime Minister and Finance Minister in August 1976. The jovial, rotund Barre, who likes to describe himself as "a square man living in a round body," wrote the textbook used most often in French economics classrooms. Since he moved to his offices at the Hotel Matignon, Barre has applied textbook economics to France's problems...
Many European governments are thus under enormous pressure to seek higher growth. Citing "the preoccupying problem of unemployment," French President Valéry Giscard d'Estaing last week announced a $1.1 billion infusion of government spending for public works and family allowances, the second stimulative effort this year. Britain's trades unions are pressing Prime Minister James Callaghan for a large "catchup" pay boost and a major expansion program to create jobs. Even wealthy West Germany, which has sorely disappointed the rest of Europe (as well as the Carter Administration) by failing to push very hard...
Paris, March 1978. A Socialist-Communist alliance wins control of France's National Assembly; crowds dance in the Place de la Concorde . . . President Valéry Giscard d'Estaing reluctantly names Socialist Party Chief François Mitterrand as France's Premier ... Communists get four of the 19 Cabinet posts, becoming the first party members to gain power in Western Europe since the 1940s . . . Transition appears smooth at first, but then...
Carter's enthusiasm for Great Britain's James Callaghan is that of one pol for another. His regard for France's Valéry Giscard d'Estaing is rooted in the Frenchman's intellect. Egypt's Anwar Sadat made sense to Carter. "I wouldn't mind spending a weekend fishing with him," said Carter about Canada's Pierre Elliott Trudeau. While he was in London, the President met with the leaders of 16 nations from Luxembourg to Greece. He was armed with personal fact sheets and psychological profiles of each...
...Nuclear energy is at the crossroads of the two independences of France: the independence of her defense and the independence of her energy supply." So said President Valéry Giscard d'Estaing while visiting Pierrelatte, the French Los Alamos, just before last week's battle. France has no oil and very little coal, and the 1973 Arab oil boycott dramatically demonstrated French reliance on foreign energy. Since 1974, as a result, the government has organized an ambitious atomic-energy program to provide at least 40 conventional nuclear-power plants and a 1,200-megawatt fast-neutron plant...