Word: fiat
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...squirming over a new affront to French pride - and this time the transgressor is a Frenchman, Pierre Bercot, the imperious head of Citroën, France's second biggest automaker. Climaxing months of secret negotiations, Bercot revealed plans last week for a union of his ailing company with Fiat, the Italian automaker that ranks fourth in the world, behind only the U.S. Big Three. "It is not a question of Citroën's troubles," Bercot said, "but the problem of the entire European automobile industry." That problem, as the French are keenly aware, is competition from...
...questionnaire, which focused on personal interests, housekeeping habits and study patterns, were run through a computer. Out came paired assignments to rooms. When the computerized friends got acquainted last week, most of them agreed that the innovation was definitely preferable to the old system of pairing roommates by administrative fiat...
...neophytes, had requested a copy of a monthly FTC memorandum detailing complaints made to the commission. Dixon told him that the document was for FTC use only. After slamming his door on Schulz, Dixon threatened to bar all of Nader's investigators from the building-an unenforceable fiat, since the FTC building is legally open to the public...
...included in the family. Even before the birth of the U.S., he said, "Dutch merchants traveled to St. Petersburg and Peter the Great came to Holland to learn a trade." This type of cooperation, he feels, continues today in such enterprises as the French Renault and Italian Fiat auto plants in the Soviet Union...
...answer to the need for an expanding supply of international currency which does not require that the U.S. run a deficit or that South Africa and the Soviet Union sell their gold. SDR's will never exist except on the books of the IMF; they are strictly fiat money. They are currently called SDR's because no better name has evolved (the IMF would probably welcome suggestions). They are no more and no less than their name implies; they are the right of a member nation of the IMF, under special circumstances, to finance a balance-of-payments deficit...