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...negotiate expires July 1, 1967. Meantime, the Germans insist that they cannot afford to pay the EEC treasury big farm subsidies, which will chiefly enrich French farmers, unless their industries can profit from Kennedy Round tariff reductions. Moreover, all Six, plus Britain and Switzerland, insist that the U.S. must scrap its present method of setting certain import duties before the Kennedy Round resumes...

Author: /time Magazine | Title: Common Market: Reunion in Brussels | 3/11/1966 | See Source »

...launched 47 state enterprises that have invaded almost every sector of the economy. All but three of them are deep in the red, and the Kwame Nkrumah Steel Works had to close down after three months because it had used up all of Ghana's scrap iron, its only source of raw material. Government payrolls swelled to an amazing 250,000 people -two-thirds of all salaried workers in Ghana-and corruption was rampant. The wife of one of Nkrumah's Ministers imported a gold-plated bed, and one of his close advisers emptied his private swimming pool...

Author: /time Magazine | Title: Ghana: Goodbye to the Aweful | 3/4/1966 | See Source »

Normal Turmoil. Equally capable of a lively scrap is Attorney General Brooke, who was the first to go after the nomination. Unlike most successful Negro politicians, who owe their election to predominantly Negro constituencies, Ed Brooke, 46, led the G.O.P. ticket in 1962 and 1964 in a state with a Negro population of under...

Author: /time Magazine | Title: Massachusetts: The Last Brahmin | 1/7/1966 | See Source »

...stroke the Pentagon ordered the closing, consolidation or cutting back of yet another 149 bases,* and disclosed a "realignment" of strategic forces that will scrap about two-thirds of the present big bomber fleet by 1971. All of the 80 supersonic B58 Hustlers will go. Some 350 older-model B-52 Stratofortresses will also be phased out, leaving the Strategic Air Command with only 255 of its lumbering eight-engined giants. By then, the U.S. arsenal of land-and sea-based long-range nuclear missiles will have grown from...

Author: /time Magazine | Title: Defense: Strategic Realignment | 12/17/1965 | See Source »

...Painted Mess. Walking somewhere between the embattled geniuses, Sportswear Designer John Weitz has no doubt that he is in a scrap. There are, he admits, two good fashion photographers: Irving Penn and Richard Avedon. "Most of the others want to be photography's Andy Warhol. They exult in taking photographs with clothes that can't be seen, and a beautiful girl ends up looking like a painted mess...

Author: /time Magazine | Title: Magazines: The Furor Over Fashions | 12/3/1965 | See Source »

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