The "financial Times" on U.s, Investment in Europe

The scan: The Week v5 no25.pdf (PDF, Marxists Internet Archive, opens at this page)

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The 'Financial Times' of June 29th said the growing U.S. capital .. investment in Western Europe is "feared as a threat for the future", especially "in the 1960's, some of the latent hostility has come to the surface", "It has done so inost dramatically in France in statements by General de Gaulle himself", and public opinion in West Gernany "is nearly as hostile as in France", According to the ‘Transatlantic . 5 Investments' published by the Atlantic Institute recently, between 1961 and 1964 U.S. capital ‘heldings in Italy doubled, in France it grew 225 times, and in West Germany 3 times. The U.S. firms have got a dominant control in a wide range of Western Juropean industries, especially computers, oil, pharmaceuticals, electronics and aircraft, the report said, By now, U.S. firms make 40% of the cars in Britain and West Germany, nearly 15% of France's; over 40% of Britain's computers, 75% of France's, and 84% of West Germany's, The total U.S. investment in Western Europe has reached 27.9 billion dollars, with direct investments totalling 12 billion dollars,