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...Government's foremost concern has always been alien involvement in national security. The Atomic Energy Commission, for example, cannot grant licenses to foreigners or foreign-controlled corporations for operating a nuclear reactor or for producing nuclear fuel. The Government also requires security clearance for any contractor or subcontractor dealing in classified projects. All directors and principal officers of a company doing such work must be investigated, and foreigners generally are not granted clearance. In effect, a company involved in sensitive Government business is permitted to have some foreign stockholders, but participation by aliens in management must be kept...

Author: /time Magazine | Title: The Law: Sheiks Bearing Gifts | 1/20/1975 | See Source »

Since 1927, the FCC has been prohibited from granting broadcast licenses to aliens and foreign-controlled corporations. In this instance, a foreign-run enterprise is defined as any company that is incorporated abroad, is more than 20% foreign-owned or has even one alien as an officer or director...

Author: /time Magazine | Title: The Law: Sheiks Bearing Gifts | 1/20/1975 | See Source »

...invasion from America since World War II are watching the new U.S. uneasiness with interest. Most of them have long since adopted firm, sometimes perniciously protectionist legislation. Generally their governments have near-total discretion to veto foreign investments. The Bank of England, for instance, can simply refuse an unwanted alien investor the right to obtain British currency. France requires official authorization for all investments above 1 million francs ($222,000). The only major Western nation with virtually no controls is West Germany. Even after the recent Arab purchase by Kuwaiti interests of 14% of Daimler-Benz AG, there seems...

Author: /time Magazine | Title: The Law: Sheiks Bearing Gifts | 1/20/1975 | See Source »

...dues. This meeting, in fact, seems better than most. When Van Delft has had business elsewhere and couldn't make it, things seemed unfocused and less authoritative. Shroder, meanwhile, counterbalances Van Delft; she is funny where he is serious, impulsive where he is knowledgeable, Harvard-connected where he is alien...

Author: By Nicholas Lemann, | Title: Building a Cause in the Office | 1/15/1975 | See Source »

...considerable help from classic scripts (Death of a Salesman, A Streetcar Named Desire) and talented actors (Marlon Brando, Vivien Leigh, Lee J. Cobb). Kazan's second career in the solitary business of writing has so far resulted in three commercially successful novels that tend to thrash about in alien corn. There is nothing wrong with The Understudy, for instance, that a good script and some believable characters would not help...

Author: /time Magazine | Title: Books: The Assays of Elia | 1/13/1975 | See Source »

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