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...mores--all of which sell magazines. It is hard to think of the writing in Time as much more than a mass product, so thoroughly has it been standardized and diluted by its editorial grist mill. Even The New York Times has initiated Living, Arts and Weekend sections to bolster sales, and regularly carries a profitable column by Mobil on its Op-Ed page...

Author: By Christopher Agee, | Title: Profits and the Press | 2/28/1978 | See Source »

...Since Salam is widely regarded as Riyadh's man in Lebanon, the Arab world interpreted his words as an indirect sign that Saudi Arabia, with its enormous economic powers of persuasion, was moving toward an open endorsement of Egypt's position. That possibility alone should serve to bolster Anwar Sadat's sagging spirits...

Author: /time Magazine | Title: MIDDLE EAST: At the Beginning of a Long Tunnel | 1/23/1978 | See Source »

...intervene in foreign currency markets to keep the value of the dollar from sinking too fast has halted the rapid decline of the greenback, at least temporarily. But some foreign moneymen think that the U.S. is being too timid in buying up unwanted dollars. Meanwhile, the effort to bolster the buck is having unfortunate side effects. In order to make U.S. currency more attractive to foreign investors, the Federal Reserve Board has raised American interest rates another notch.* It boosted the discount rate, the charge imposed on Federal Reserve loans to member banks, by a half-point...

Author: /time Magazine | Title: Business: Some Good News on Jobs | 1/23/1978 | See Source »

What the rightists, and some moderates, fear most is the prospect of a victorious coalition of the left bringing communists into the governing majority for the first time in more than 30 years. They hold that such an event would lead to instability in Europe, weaken NATO and bolster Communist parties in other nations, particularly Italy and Spain. More important, they dread implementation of the Common Program of the Left, a 1972 plan for sweeping political and economic changes in France, including nationalizations of hundreds of companies. "Those nationalizations would destroy our economy," a conservative businessman in Brittany explained last...

Author: By Brian L. Zimbler, | Title: High Anxiety | 1/9/1978 | See Source »

Soares had called the vote of confidence after the breakdown of lengthy negotiations with the other parties over austerity measures designed to help bolster Western Europe's poorest economy. "It was necessary to clarify the situation," Soares told TIME'S Martha de la Cal, explaining why he had asked for a vote in an attempt to break the political stalemate. "We had to lance the festering wound." A last-minute attempt to save the government failed when Soares' Socialists refused to yield any concessions to the Communists, such as easing up on the government's reclamation...

Author: /time Magazine | Title: PORTUGAL: The 500 Days of M | 12/19/1977 | See Source »

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