Word: virtualization
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Died. Hans Knappertsbusch, 77, German conductor in the grand tradition of the late 19th century romantics, who through the 1920s and '30s took brilliant charge of, first, the Munich Bavarian State Opera, then the Vienna State Opera and Vienna Philharmonic until the Nazis forced him into virtual retirement from 1938 to '45, after which he came back to crown his career at the 1951 Bayreuth Festival with a daringly modernized performance of Parsifal that sparked a Wagnerian revival throughout Europe; of a heart attack; in Munich...
...international conspiracy apparently had nothing to do with last week's revolt. Instead, it was caused by the same thing that killed the other Premiers-the tribal rivalry between the towering Watutsis and the shorter but far more numerous Bahutus, who for centuries have served the Watutsis as virtual slaves. Fed up, the Bahutus now demand a republic-like the one their fellow tribesmen achieved in neighboring Rwanda after overthrowing a Watutsi king in 1959. But Burundi's Watutsis are as determined as ever to continue in the ascendancy they now enjoy. Not surprisingly, the Mwami...
...increase its investment at the rate of $20 million a year. The Belgian company still suffers from some political tribulation. In former rebel territory, where ten of its employees were murdered, production of cotton and palm oil has been severely curtailed, and on some plantations has come to a virtual standstill. Half of the production of its diamond mines is stolen. But la Générale is less worried by these facts than by another fear: that the Congo's present inflation may speed up and cause widespread damage to the economy...
Everybody was wrong, including Ludwig Erhard. For weeks, the pollsters had been predicting a virtual tie between Erhard's Christian Democratic Union and the opposition Social Democrats in West Germany's national elections. Watching the returns trickling in on TV with his wife Luise, the Chancellor confided, "I always counted on having a jump on the opposition of about 5% . I felt it in my fingertips...
Last March, as Thayer pointed out, the publishers gave the International Typographical Union virtual veto rights over any new machines. The move promised little in the way of future benefit, but it added to present trouble. Now the Guild insists that its very survival demands the same power. Otherwise, it says, jobs that it now controls may drift into I.T.U. jurisdiction. And when it isn't fighting over automation, the Guild, which might be expected to encourage modernizing, is squabbling with the Times over pensions and job security for members who might lose work if other New York papers...