Word: westernness
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Dates: during 1960-1969
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Though Communist countries do not ordinarily foster free enterprise, a shadowy group of Western entrepreneurs owes its profits to the existence of the Communist world. It is composed of the people-smugglers, who have made a mechanical - and ruthless - business out of springing refugees from Eastern Europe for a price. The price can be high, both in money (one ring charges $2,500 per escape) and, all too often, in human terms as well. While the smugglers often succeed in getting their clients to the West, their methods some times get other Westerners into serious difficulties...
...escape, Loeffler's passport swap is a strictly commercial venture, just as his earlier schemes were. A Berlin prosecutor estimates that he grossed $50,000 in one two-year period. Berlin police are sure that the cynical Loeffler knows precisely what will happen to his dupes, mostly naive Western youngsters, and want to put him out of business...
...same time, he is subtly disengaging himself from unpopular De Gaulle positions. Though he agreed with the Israeli embargo, he did not like De Gaulle's innuendo that Jews unduly influenced the French press. Pompidou also believes, in light of Russian intransigence over Czechoslovakia, that France should renew Western ties weakened by De Gaulle. Significantly, his 1969 agenda tentatively includes trips to the U.S., Mexico and Canada, as well as tours of the French provinces to discuss domestic problems. His next major venture: a February appearance in Geneva where, for the benefit of a French audience, he will speak...
...Western world stumbling toward another gold and monetary upheaval? An increasing number of bankers and economists fear that it is. "The international monetary situation is still unstable," says President Karl Blessing of the West German Bundesbank. South African Finance Minister Nicolaas Diederichs has repeatedly predicted that an international flareup will come in the second quarter of this year. Princeton Professor Fritz Machlup, a top expert on global finance, expects a new currency crisis "in the foreseeable future...
...kids in the orange regions don't have to worry about the grim fiscal implications of Big Freeze time. For them, the cold is the beginning of the winter's fun, the Western equivalent of A Child's Christmas in Wales, the fulfillment of a primordial yearning for mysterious and frosty ceremony to celebrate the death of land in winter...