Word: schmidts
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Dates: during 1970-1979
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Foremost among the issues was the proposed European monetary system, which came under the scrutiny of the Community's Finance Ministers in Brussels last week. Devised by West German Chancellor Helmut Schmidt and French President Valéry Giscard d'Estaing to insulate Europe from fluctuations of the dollar, the plan had won approval in principle at a Common Market summit in Bremen last month, and had been presented to President Carter and other leaders of the industrial West at the subsequent Bonn summit. British Prime Minister James Callaghan, however, remained cool toward the idea. In the first place, the British?...
...startled President laughed heartily, but the burlesque was not entirely a joke. What confronted Jimmy Carter last week as he returned to Washington from the glittering pomp of his talks with Chancellor Helmut Schmidt and the economic summit in Bonn was the harsh fact that his presidency is in deep trouble. His Oval Office In box was overflowing with problems: mounting inflation, the energy deadlock, the failure of tax reform, the Turkish arms embargo, the chill in relations with the Soviet Union. There was even an embarrassing furor over the discovery that White House Health Adviser Dr. Peter Bourne...
...Carters' trip to Germany, Rosalynn delighted the burgomaster of Linz by grabbing his arms and rushing him into a polka-like Schunkeltanz in the street. She captivated Chancellor Helmut Schmidt's wife, Loki, who invited herself along on sightseeing tours in Bonn. But Mrs. Carter's ambitions and influence in more substantial areas remain difficult to assess. "Rosalynn is still uncertain what to do and how to do it," says Mary King, her friend and deputy director of ACTION. "She has not found the ideal mesh between her personality and her interests, and the institution...
There was no doubt about who the teacher was. West German Chancellor Helmut Schmidt, as host and chairman, ran the show with typical decisiveness. Said a top U.S. official: "The man is a born leader." Participating in his second economic summit, the U.S. President was not the dominant partner...
Western Europe. Until now, West Germany has accepted the discomforts of slow growth and high unemployment (1 million, or 4.4% of the work force) in order to keep inflation at a low 2.7%. Schmidt promised to do what he had planned even before the summit: put in a stimulus plan. It calls for pumping $7 billion into the West German economy, largely through tax cuts, and should make his country a larger buyer of imports. Britain's James Callaghan, who faces elections in the fall, was the most cautious. He pledged only to continue his present policy of expanding...