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Kohl's prompt action effectively quieted speculation that a wholesale Cabinet shake-up would follow Lambsdorffs' resignation. The Chancellor also wanted to forestall pressure from Franz Josef Strauss, the leader of the Bavaria-based Christian Social Union (one of the three parties in the governing coalition), who makes no secret of his desire for a major Cabinet post. Strauss, however, played almost no role last week, since he was mourning the sudden death of his wife Marianne, 54, in an automobile accident...

Author: /time Magazine | Title: West Germany: Under a Cloud | 7/9/1984 | See Source »

...sounds of combat. But this time they are not the sounds of defeat. The Morazan operation, part of an 8,000-man nationwide counterinsurgency sweep that also covered the departments of San Miguel, Cabañas, Usulután and Chalatenango, was the first assault since a military shake-up sent two officers to posts overseas shortly before Duarte's inauguration. Another auspicious sign for Duarte came when a Salvadoran judge sentenced five former National Guardsmen to 30 years in prison for the 1980 murder of four American churchwomen. As a result, the U.S. Congress will release $19.4 million...

Author: /time Magazine | Title: Central America: Some Grounds for Optimism | 7/2/1984 | See Source »

Merrill Lynch had an unexpected shake-up at the very top last week. Chairman Roger E. Birk, 54, the company boss since 1981, announced he would step down July 1 as chief executive officer to make way for the firm's president, William A. Schreyer, 56. The move reflected troubles in the Merrill Lynch herd. Only about a year ago, the Merrill Lynch bull was snorting with satisfaction. Propelled by a booming stock market, company profits for the first half of 1983 jumped to $239 million, 3½ times as high as in the same period...

Author: /time Magazine | Title: Wall Street: Merrill Lynch's New Herdsman | 6/18/1984 | See Source »

These were but two of 17 changes made by John Paul in his most thorough shake-up to date of the church's powerful administrative body, the Curia-moves that Italian newspapers described as "il terremoto" (the earthquake). In doing so, the Pope further weakened the traditional influence of Italians on Roman Catholicism's bureaucratic machinery. When the Second Vatican Council began in 1962, twelve of 16 Curia offices were headed by Italians; as a result of the latest moves, 16 out of 22 are now headed by foreigners. There are rumors that the Pope is planning...

Author: /time Magazine | Title: Religion: John Paul Completes His Team | 4/23/1984 | See Source »

...Flick industrial conglomer ate in return for contributions to his Free Democrat Party. Kohl promised that Lambsdorff would resign if the case goes to trial. Even if Worner can prove his allegations, he too faces mounting pressure to resign. The loss of either minister would bring a shake-up in Kohl's moderate-right coalition government...

Author: /time Magazine | Title: West Germany: Shaky Case | 1/30/1984 | See Source »

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