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...years ago, standing hip-deep in the swollen waters of an Irish river, a pair of ardent fishermen uncharacteristically sandwiched a bit of business talk in between their casts. Their catch: three salmon and an idea that seems likely to result in the biggest Italian economic invasion of Britain since the days of the Lombard bankers...

Author: /time Magazine | Title: Business Abroad: Invader from Italy | 12/1/1961 | See Source »

...Common Market is now the world's largest importer of all kinds of goods ($30 billion worth last year), the second largest exporter of manufactured goods. Its monetary reserves have swollen to more than $16 billion, nearly equal the U.S. reserves of $18 billion. In its internal drive toward economic integration, the Common Market has performed even more spectacularly. Trade among the Six has increased 45% in three years, this year is averaging $1 billion per month. As a result, the Six have reduced tariffs among themselves by 30% on almost every commodity except agriculture and petroleum products...

Author: /time Magazine | Title: Europe: Then Will It Live . . . | 10/6/1961 | See Source »

...midair. The Boun Oum man came back with the suggestion that a raft be built and anchored in midriver. With a mock-serious air, the neutralist chief delegate drew a lurid picture of the dangers that the princes would face on a raft in the midst of the monsoon-swollen torrent, where they might be swept away along with all hopes for peace. Rising to a fever pitch, he enumerated all those who would have to be with the princes-advisers, guards, servants-and the proposed raft grew to the size of Noah's Ark. When laughter had subsided...

Author: /time Magazine | Title: Laos: The Raft in the River | 10/6/1961 | See Source »

...strategy to keep Red China out of the U.N. The Nationalist government, Chen said, will fight to continue the moratorium on debating the subject. But most State Department experts think that the moratorium, as a gag on free discussion, has lost too much favor with a General Assembly now swollen to 99 members, with most of the new nations opposed to the idea. The DOS planners would prefer to conduct open arguments on the merit of Red China's admission-and seek to have the question classified as an "important" matter, requiring a two-thirds majority vote...

Author: /time Magazine | Title: Foreign Relations: The Right Ideas | 8/11/1961 | See Source »

...minutes, then stopped. The door opened, and Eichmann came out. He was a little disheveled; his shirt was sticking out, and I am almost sure that I saw bloodstains. I heard Eichmann mutter two words in German, 'Ubriges Mistvolk' [superfluous garbage people]." Minutes later, the "swollen, bloody" corpse of the teen-ager was dragged away...

Author: /time Magazine | Title: Israel: The Tic | 6/2/1961 | See Source »

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