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...economically the healthiest in Western Europe. But its economic vigor now depends almost entirely upon its enormous balance of trade surplus ($11.7 billion through July). There is every indication that the foreign customers of German-made goods are planning to cut back their purchases in order to trim their own trade deficits. A top West German finance official privately warns that by the end of the year West Germany could start running its own balance of trade deficit. This would create serious political problems for Chancellor Schmidt and his Social Democratic Party. Schmidt is also bedeviled by two nagging scandals...

Author: /time Magazine | Title: EUROPE: The Season of Discontent | 9/16/1974 | See Source »

...first glance, a review of Pehr Gyllenhammar's meteoric career suggests that he rose to the top because he has the right relatives. In 1969, at the age of 34, the trim, handsome lawyer replaced his father as head of Skandia, Sweden's largest insurance company. Two years later he succeeded his father-in-law as managing director of Volvo, the country's biggest industrial concern. Nepotism or not, the selection has certainly paid off. Under Gyllenhammar's leadership, Volvo has not only increased its sales by 70% (to more than $2 billion...

Author: /time Magazine | Title: Business: The Weil-Connected Reformer | 9/16/1974 | See Source »

...Hepburn was sitting out front. Next thing he knew, "She just sidled into bed with me," said the startled actor. Hepburn stayed a mere 15 seconds under the covers, then murmured, "Excuse me," and returned to her seat. Said Stadlen: "She looked great, especially her body. It was as trim and athletic as in Pat and Mike...

Author: /time Magazine | Title: People, Aug. 12, 1974 | 8/12/1974 | See Source »

...landed a $30-a-week job as a mail clerk at MGM, and kept his ambition in fighting trim by calling all the executives by their first names. "Hiya, Joe," he grinned at Producer Joe Pasternak, who stopped for a moment, then threw out the classic line: "Hey, kid -how'd ya like to be in pictures?" Pasternak gave Nicholson a script, and told him where to show up for the screen test. Nicholson looked the script over but did not realize that he was supposed to memorize his lines. The test was a disaster, and Nicholson was back...

Author: /time Magazine | Title: The Star with the Killer Smile | 8/12/1974 | See Source »

...moves on 35-year-old legs. At an age when Ty Cobb was able to steal only nine bases in a season and Wills had slowed down to 52, Brock looks as streamlined as he did a decade ago. He stands 5 ft. 11 in. and weighs a trim 170 lbs. Stop watches have clocked his dash from first to second at 3.5 sec., half a second better than the average baserunner. It is a crucial fraction. "It takes a pitcher an average of eight-tenths of a second to deliver the ball from a set position," explains the analytical...

Author: /time Magazine | Title: Sport: The Premier Pilferer | 7/15/1974 | See Source »

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