Word: wente
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Dates: during 1960-1969
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...indomitable Walter Hallstein, president for nine years, to resign over policy differences with them, two of the leading candidates for the top job turned it down flat, and Charles de Gaulle vetoed a third. Who, after all, wanted to tangle with the French? Finally, almost by default, the job went to a diminutive and quiet-spoken Belgian, Jean Rey, the Common Market's Commissioner for Foreign Affairs. Since Rey's chief qualification at the time seemed to be that he was the only candidate De Gaulle would accept, the Common Market partners feared that he might prove...
...stays closed another year," said an American engineer in Beirut last week, "it will be in such bad shape that they might as well turn it into an irrigation ditch and plant potatoes around it." Even the Egyptians seemed to be looking for alternatives: off to London last week went an official delegation to discuss construction of a 42-in. pipeline along the canal to carry 50 million tons of oil a year from Suez at the southern end to Port Said on the north...
...most bizarre coincidences in naval annals. Hundreds of miles but only some 24 hours apart, an Israeli and a French submarine were lost in separate, unconnected and equally mysterious disasters. Sinking swiftly to great depths without leaving as much as a trace to guide searchers, Israel's Dakar went down somewhere between Cyprus and Haifa and France's Minerve only about 25 miles from her home berth at Toulon. Their entire crews-69 Israelis and 52 Frenchmen -were lost with them...
...impression brought back last week by Western newsmen who flew into the Biafran city of Port Harcourt in a darkened plane to get their first look at Nigeria's rebellious state. Though Biafra hired a Hollywood public relations man to organize the trip, TIME Correspondent Friedel Ungeheuer, who went along, learned enough on his own by moving around the country, talking with Biafrans and Europeans and interviewing Biafra's leader, Lieut. Colonel Odumegwu Ojukwu, to reach a few surprising conclusions. He found that the Ibo-the region's majority tribe-are not only vigorously and successfully resisting...
Managers of mutual funds and, to a lesser degree, pension funds are operating so exuberantly that in this year's first month volume rose 62% on the American Stock Exchange and went up 20% on the New York Stock Exchange. Trouble is, the exchanges and the back offices of brokerage firms have not expanded and automated fast enough to keep up with the increase. In the resulting snarl of tape and paper, countless buyers have either received the wrong confirmation slips and stock certificates or failed to receive any at all. As they struggle to straighten out the mess...