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...Kuwait International Investment Co. to drop the U.S. branch of Lazard Frères as a participant in two lending syndicates that will raise $50 million for the Mexican government and $25 million for Volvo. Merrill Lynch Chairman Donald Regan was not about to exclude Lazard or slight its chairman, 76-year-old Andre Meyer. The Kuwaitis then dropped out of the deals. Echoing the typical sentiments among investment bankers, Paul Judy of Chicago's Becker and Warburg-Paribas beamed: "I'm glad that somebody stood up to them...

Author: /time Magazine | Title: INVESTMENT: The Arabs Wield a Banking Ban | 2/24/1975 | See Source »

Bluff Caller. Evans, 46, rose through provincial papers to become editor of the Northern Echo in 1961, was named managing editor of the Sunday Times in 1966 and editor in 1967. Short and slight, he still speaks with flat Yorkshire vowels and spends his few hours out of the Sunday Times office toiling almost obsessively at squash, skiing, Ping Pong and a book on photojournalism. He also serves as an occasional panelist on a television quiz show titled, aptly enough, Call My Bluff. Evans has long argued that British journalism should end its preoccupation with the elegant expression of opinion...

Author: /time Magazine | Title: The Press: Wanted: A Bill of Rights | 2/24/1975 | See Source »

...Colorado after cost estimates for a 50,000 bbl.-per-day plant jumped from $450 million to $800 million. A price of $7 for oil, concluded the Federal Energy Administration in its Project Independence Blueprint last fall, could boost consumption back to wasteful levels while providing only a slight stimulus to production, thus actually increasing U.S. dependence on foreign...

Author: /time Magazine | Title: ENERGY: Kissinger Lays Out His Floor Plan | 2/17/1975 | See Source »

Doctors believe that the stroke did not affect Douglas' intellect. His vision, temporarily impaired, is now back to normal, and he reads mail his wife Cathleen, 31, brings daily. His speech is improving markedly, though there are still traces of slurring. A slight drooping of the left side of his face persists. His left arm has responded somewhat to whirlpool baths and manipulation therapy, but it is still not usable (Douglas is right-handed). Worse, his left leg shows few signs of response. TIME has learned that his physicians now think it possible that the great outdoorsman will never...

Author: /time Magazine | Title: The Law: Will Douglas Quit? | 2/17/1975 | See Source »

Locomotion Flashes. Lloyd believes that the mimicry is not always perfect; male fireflies-apparently noting slight differences in the flashes and suspecting female wiles-are not always taken in by the ruse. But the female Photuris generally manages to lure, capture and swallow at least one male out of every ten for whom she sets...

Author: /time Magazine | Title: Science: Fireflies Fatales | 2/17/1975 | See Source »

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