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...formula was fiercely opposed by some clubs, especially those who were within striking distance of divisional leaders. One unfortunate possibility: a club could amass the best overall record and be shut out of the playoffs because it did not win either half. Some baseball people also fear that teams already guaranteed berths in the playoffs will not play their best in the "second" season. As Shortstop Larry Bowa of the Phillies put it, "What's the incentive?" More disturbing, a first-half winning team could try to dictate its opponent in the playoffs. If the Yankees, say, preferred...

Author: /time Magazine | Title: Sport: It's a Whole New Ball Game | 8/17/1981 | See Source »

...growing economic problems of the Soviet Union, such as declining productivity and crop shortages, have added to its longstanding insecurity and provoked it to amass military power, which it may use to influence the outcome of political struggles around the globe. "By almost any measure, the Soviet Union is a vastly more formidable foe than it was only a decade ago," says the report. This buildup must be countered by increased and constant American defense spending, approximately at 6% of the gross national product. "A strong U.S. military posture remains the first requirement of a comprehensive, long-term U.S. policy...

Author: /time Magazine | Title: Tough Response | 5/25/1981 | See Source »

Indeed, another motive for the Soviet buildup around Japan is probably the Soviet Union's desire to guard against a possible Japanese-American-Chinese military alliance some day in the future. The Kremlin's concern over China alone has already led it to amass 46 divisions-nearly a quarter of its total ground forces-along the Sino-Soviet border...

Author: /time Magazine | Title: Asia: The Soviets Stir Up the Pacific | 3/23/1981 | See Source »

...turned the season in the wrong direction. On October 11, the Crimson--then 3-3-1 and boasting two wins and a tie in the previous four outings--struggled to a 1-1 tie with an inferior Cornell contingent. The deadlock halted whatever momentum the squad had managed to amass and set the stage for the horrendous, 0-7-1 season-ending slide that followed the annihilation...

Author: By Bruce Schoenfeld, | Title: Ups and Downs | 11/18/1980 | See Source »

What makes Bahrain so potentially significant is that Western banks no longer have a virtual monopoly on handling the huge surpluses that the members of OPEC regularly amass-as much as $117 billion this year alone. Instead, a new breed of Arab-owned banks is picking up an expanding percentage of the action. Though new to the game, some of these institutions are starting off with formidable monetary bases. Begun in 1977, Gulf International Bank has assembled assets of nearly $3 billion and is competing with the big U.S. financial institutions in loan underwriting. The newly founded Arab Banking Corp...

Author: /time Magazine | Title: Business: Bankers in Burnooses | 7/14/1980 | See Source »

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