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Among Europe's smaller countries, the pattern is decidedly mixed. Belgium and The Netherlands are still preoccupied with combatting their high rates of inflation. Switzerland has shipped home 100,000 foreign workers to stave off unemployment among citizens, but its recovery is dependent on the renewed health of its big trading partners. Sweden, which long seemed immune to recession, has started on a slide that is expected to result in zero growth this year. By contrast, Denmark achieved modest expansion during 1975, and Norway is being buoyed by prospects of soon becoming a sizable oil producer. The Norwegian economy...
Copperweld Corp., a Pittsburgh-based producer of specialty steels, fought hard to stave off a takeover by Societe Imetal, a French concern controlled by the Rothschilds. Copperweld executives opposed the bid in court; employees staged placard-waving demonstrations pleading that the company stay American-owned. Stockholders, however, were more impressed by Imetal's offer to pay $42.40 each for shares that sold for $34.50 just before the fight, and last week Imetal announced it had bought 61% of Copperweld's outstanding stock...
Juan Marichal, professor of Romance Languages and Literatures, said yesterday that this crackdown was symbolic of "a last fight by the remaining fascists to prevent change" and added that it would do little to stave off an eventual collapse of the right...
Negotiating the pact slowly, during the transition, gives Kissinger two options. If Prince Juan Carlos should prove too weak to stave off inclusion of the left in a coalition, then the U.S. won't be in the "embarrassing" position of having signed a pact giving a left-of-center Spanish government $750 million in military aid and $250 million in economic assistance. And, less likely (but all the more interesting), Kissinger just might wait for a better treaty with a "stable" military junta in Spain...
Wilson's success in the forging of his new "social contract" between Labour and the nation--Britain's last credible chance to stave off economic anarchy, as even the Tories concede--will depend on factors more fundamental than the revelations of the Crossman diaries. But clearly the embarassments they contain could not have come at a worse time for Wilson, when he needs all the support of Labour's Old Left (Foot and others of the New Statesman set) to control the New. But Wilson gravely miscalculated his legal position when he tried to suppress the diaries by direct government...