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...want to affirm ourselves as a great economic and political power, equal to the dollar and the yen," the president said, "France must adopt the euro in 1999 and see its budget shrink." The president is gambling on winning early elections before enacting a new round of highly unpopular belt-tightening. Recent polls are not encouraging: One survey reported that 53 percent of the French electorate would vote against Chirac and his party...

Author: /time Magazine | Title: Vote Now, Pay Later | 4/21/1997 | See Source »

Also vulnerable is the floating apron of sea ice that surrounds Antarctica. During the winter, this apron effectively doubles the continent's size, then in summer it shrinks 80%. The interaction of deep ocean currents and sea ice is crucial to the vast "conveyor belt" that redistributes the sun's heat around the globe. For all its importance, however, it is on average less than 2 ft. thick, and its stability depends on a precarious balance of factors ranging from air temperature to the salinity and temperature of the water...

Author: /time Magazine | Title: ANTARCTICA | 4/14/1997 | See Source »

Penn too has begun drawing in its belt. Rodin says she hopes to cut as much as $50 million from the school's administrative budget during the next few years. She stresses that Penn has frozen its room-and- board charges for the past two years, taking advantage of new efficiencies in residential and food-service operations. But the costs of providing a premium education--everything from complying with new federal regulations to keeping up with changes in automation--have skyrocketed, she says. Even the expense of data has risen sharply. An online index of physics abstracts, for example, costs...

Author: /time Magazine | Title: WHY COLLEGES COST TOO MUCH | 3/17/1997 | See Source »

Quick to milk the sappy humor in "Hoffmann," the directors urged the title character to belt out a booming "Stel-la!" at the end, as his beloved runs off with the enemy, much to the delight of the laughing audience. Who knows what's next? Maybe a posthumous Tennessee Williams libretto. (Hey, it worked for Marge Simpson...

Author: By Elisabetta A. Coletti, | Title: Dunster House Opera Spins Rousing 'Tales' | 2/20/1997 | See Source »

...Black Muslims tested white America's fondness for him. His refusal to serve in the Army made him the Vietnam War's most famous conscientious objector and deprived him of work for three years at the peak of his craft. Then Ali returned to lose the heavyweight belt to Joe Frazier...

Author: /time Magazine | Title: CINEMA: LONG LIVE THE KING | 2/17/1997 | See Source »

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