Word: switzerland
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Sweden is in one of its worst economic slumps since the 1930s. Switzerland's balance of payments is running a deficit for the first time in ten years. Of the major European powers, only Britain and France show signs of strong growth-around 5% each for the fiscal year ending mid-1972. Still, the U.K. expects unemployment by Christmas to reach a 30-year high of 1,000,000 (out of a labor force of about 25 million...
Divorced. Peter Ustinov, 50, author, raconteur and the only Briton ever to win two Academy Awards for acting (for Spartacus in 1960 and Topkapi in 1964); by Suzanne Cloutier, 44, a French Canadian onetime actress; after 17 years of marriage, three children; in Lausanne, Switzerland...
...prospect of an isolationist America perturbed the Europeans. Giuseppe Bertola, of Switzerland's Brown Boveri, said: "I have always found in America a certain missionary zeal. The First World War made the world safe for democracy and revived in Europe the truth about the American dream, the American way of life, and so on. Now it seems that this missionary zeal has been lost in the big changes through which we are passing. America speaks no more of leadership, but of partnership. Everybody is confused by what is intended, because just at a moment when it is necessary...
Born. To Karim Aga Khan, 34, Imam, or spiritual leader, of 20 million Ismaili Moslems; and the Begum, Princess Salima, 31, onetime London fashion model and former wife of Lord James Crichton-Stuart; their second child, a son and heir to the title; in Pregny, Switzerland. Name: Rahim...
...holiday on export profits and non-repayable cash grants of up to half the cost of plant and equipment, some 500 new factories have gone up in Ireland. About 350 are foreign-owned, and the roster includes IBM, General Electric and Olin from the U.S., Plessey from Britain, Switzerland's Oerlikon, South Africa's De Beers, The Netherlands' Verolme United Shipyards and Germany's Liebherr. The Irish Industrial Development Authority, under Michael Killeen, 43, a former head of the Irish Export Board, will spend about $70 million this year to help attract and finance still more...