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...slink back into the city; one sneaked upstairs to his quarters in the Hotel Aletti through the back door.) Two government ministers, however, left Algiers not in flight but ostensibly to fight. Tough, able Belkacem Krim, who conducted the F.L.N.'s peace negotiations with the French, and shrewd, ambitious Mohammed Boudiaf, a onetime jailmate and implacable foe of Ben Bella's, set up headquarters in the rugged, all but impenetrable Kabylia area and vowed to resist Ben Bella's takeover "to the last drop of blood...

Author: /time Magazine | Title: Algeria: Hero by Accident | 8/3/1962 | See Source »

...Right Time. Shrewd as he is in his chosen business, Samuel I. Newhouse was cast by accident in the role of newspaper collector: he just happened to appear at the right time, with the right price and an insatiable appetite to buy. Only chance determined that what he bought was newspapers...

Author: /time Magazine | Title: The Press: The Newspaper Collector Samuel Newhouse | 7/27/1962 | See Source »

...CHRISTMAS IN MANHATTAN: Fir trees covered in lights are ranged all along Park Avenue; the big stores have flesh and blood Santa Clauses at their en trances; and the counters are besieged by customers buying presents for one anoth er. You can't distinguish where shrewd commercial advertising ends and where emotional spirituality begins...

Author: /time Magazine | Title: Religion: Pilgrim of the Future | 7/27/1962 | See Source »

Last March, when the U.S. slapped drastic new quotas on its imports of cotton textiles. Hong Kong's burgeoning textile industry suffered a severe case of the shudders. Among the hardest hit was C.C. (for Chen Che) Lee, 51, the shrewd, Shanghai-born entrepreneur who built Hong Kong's first postwar textile mill. As the Crown Colony's biggest producer of finished cotton garments. Lee had been selling up to a million dollars' worth of garments a month in the U.S. Lee had to do something fast or his profit margin would be wiped...

Author: /time Magazine | Title: World Business: Living with the Quota | 7/20/1962 | See Source »

...Shrewd Banker Wallenberg, however, has restricted himself to overseeing Ericsson's finances. To handle company operations, he brought in as president Sven Ture Aberg, 58, an imperturbable electrical engineer who negotiates with uncommon skill in five languages (Swedish, English, Spanish, French and German...

Author: /time Magazine | Title: Scandinavia: The Sure Thing | 7/20/1962 | See Source »

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