Word: schmidts
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Dates: during 1970-1979
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...economics. The three-day gathering will bring together government chiefs of six nations that account for roughly 70% of the non-Communist world's production and trade: U.S. President Gerald Ford, French President Valéry Giscard d'Estaing, Japanese Premier Takeo Miki, West German Chancellor Helmut Schmidt, British Prime Minister Harold Wilson and Italian Premier Aldo Moro. Their purpose: to discuss ways in which their countries can cooperate to lift the industrial world out of its worst business slump since the 1930s...
These countries argue with some justification that it is all but impossible to make important decisions on trade and investment when the value of currencies can rise or fall as much as 20% within six months, as some in fact have. Schmidt believes that volatile shifts in exchange rates contributed substantially to the recession by reducing business investment and curtailing trade. But U.S. officials, notably Treasury Secretary William Simon, are strongly in favor of continued free-floating exchange rates. They view any move away from that as a step back toward the old system of rigidly fixed exchange rates that...
West German Chancellor Helmut Schmidt told President Ford that the New York
WEST GERMANY. The greatest fear at the moment in Bonn comes not from assassins but anarchist-terrorist bands of kidnapers, who might try to spirit off Chancellor Helmut Schmidt. Both Schmidt and senior Cabinet officers could be held for release of some of the more than 100 hard-core anarchists in prison around the country. To prevent that from happening, a special security group provides 300 bodyguards for leading federal officials, their offices and homes. Trained in the use of firearms and hand-to-hand combat as well as criminal psychology and identification, officers sit outside the door to Schmidt...
...Schmidt, in fact, insists that the FDA can move quickly when it has to and will waste no time getting something like a proven anticancer drug or a more effective new antibiotic introduced in the U.S. But until such a product comes along, he will enforce his agency's standards, designed to be safe rather than fast...