Word: westernism
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...also moving into steelmaking. Brazil and Mexico have already become exporters. Argentina and Chile are increasing their capacity. By the early 1980s some of the oil-producing Arab countries will be turning out steel. In shipbuilding, South Korea and Brazil have some yards that are more modern than Western Europe's. Along with Poland and Taiwan, they can produce bulk carriers even more cheaply than Japan...
Shipbuilding. Western Europe's share of the world shipbuilding market plunged from more than 80% in 1950 to an estimated 37% last year. In the past four years, Common Market governments have spent about $650 million annually in subsidies to keep the yards busy and 214,000 workers on the payroll. Even so, more drastic cuts are ahead. By 1980 the yards in the European Community are expected to build only half of last year's 5.4 million tons, and the number of workers will probably be reduced...
Autos. The road ahead is pitted with potholes, even though European automakers this year expect to produce 11 million vehicles, just under their 1973 record of 11.25 million. The most imminent threat comes from the Japanese, whose share of the Western European car market has jumped from .6% to 6% in the past ten years. The Japanese onslaught has also hurt European export sales, especially in the U.S. For the longer run, the U.S. automakers may pose a more formidable danger, now that they are making smaller, gasoline-sparing cars of the type that sell well in Europe...
Striking workers paralyzed key industries: power, communications, transport and, the heart of the nation's wealth, oil production. At the same time, the ravaging mobs concentrated their destructive efforts on the banks, which Islamic extremists see as symbols of Western decadence and leftists view as outposts of capitalistic exploitation. On Nov. 5 alone, 400 banks were damaged or destroyed by rioting. In 1978, 1,400 of the nation's 7,000 banks have been attacked...
...himself, intended to counter what they perceive as distorted and inadequate coverage of their affairs (TIME, Nov. 20). The first draft, which sanctioned state control of the press and called for news organizations to publish official replies to "harmful" stories, was replaced by a version ostensibly affirming Western-style press freedoms. Though U.S. delegates would have preferred no declaration, they found the weakened version acceptable. Observed Newsday President William Attwood, a U.S. media representative on the American delegation: "If there's a reptile in the house, far better to have it a garter snake than a rattlesnake." Third World...