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Diplomatic Break. Mobutu seized the occasion to launch a general political attack on his enemies everywhere. Tshombe, he claimed, was using his exile in Madrid to mount a plot against the Congo's military government, hiring mercenaries in Europe, training them in southern France, and, with Portuguese collusion, massing troops across the Congolese border in Angola...

Author: /time Magazine | Title: The Congo: Crushing the Kats | 10/14/1966 | See Source »

...uses subtler but equally effective tactics. When a Velásquez portrayal of a court jester turned up for auction in London last year, gossips cast doubt on its authenticity, reserving their admiration for Rembrandt's Titus. Lee arranged to have the Velasquez secretly Xrayed, jetted to Madrid to compare it with other works by the Spanish master. When the hammer went down, Titus sold for $2.2 million; Lee walked away with a rare early Velásquez for a modest...

Author: /time Magazine | Title: Museums: The Aristocrat | 9/16/1966 | See Source »

...Even so, some 1,500 Americans were still looking for a way home last week, including 250 at Shannon, Ireland, and about 400 in London, where a party of Massachusetts schoolteachers bedded down on airport couches. The strain in Spain was mainly to get aboard Iberia Airlines planes from Madrid to New York. Last week police quelled one fracas in which 19 irate tourists threatened to slug counter attendants and then stormed the runway gates when told that their supposedly confirmed reservations could not be honored...

Author: /time Magazine | Title: Airlines: Back to Work Through an Open Gate | 8/26/1966 | See Source »

...Goliath. By any standard, Merrill Lynch is the Goliath of stockbrokers. The company maintains 165 offices: 15 in New York City, 134 elsewhere in the U.S., and the rest in such foreign trade centers as London, Paris, Madrid, Tokyo, Geneva, Hong Kong and Beirut. The international string of offices is hooked together by some 285,000 miles of private wire. Merrill Lynch belongs to 41 stock exchanges, from New York to The Netherlands, averages 4,900 sales or purchases during every market hour. On the biggest bourse of them all?the New York Stock Exchange?Merrill Lynch has a hand...

Author: /time Magazine | Title: U.S. Business: Wall Street: A Long Look Upward | 8/19/1966 | See Source »

...film-makers, coupled with Rosi's own sensitivity to detail. During the bullring scenes particularly, Rosi's skillful use of faces in the crowd provides a visual comment on the action which raises the film far above the newsreel level. Or, is another instance, Rosi places Miguelin outside the Madrid ring selling souvenirs and records the scens when a policeman, unaware that he was on candid camera, chases the poor boy away...

Author: By Daniel J. Singal, | Title: Moment of Truth | 8/12/1966 | See Source »

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