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...January. Decontrol would immediately add up to 4? per gal. at the pump, on top of perhaps a 1½? increase as a result of the expected OPEC price rise. In addition, decontrol of domestic crude oil to bring prices up to world levels, which Carter pledged in Bonn last summer to accomplish by the end of 1980, would add an extra 5? or 6? per gal. to gasoline costs, lifting fuel prices far beyond the President's own anti-inflation limits. These specify that companies keep their price increases ½% or more below their average increases...

Author: /time Magazine | Title: Business: Big Oil's Pinch at the Pump | 12/18/1978 | See Source »

Other gains in compatibility are planned. After intense and sometimes heated negotiations between Bonn and Washington, the U.S. seems ready to put a 120-mm West German gun on most models of its new XM1 main battle tank. Bonn is considering giving its Leopard II tank an American engine...

Author: /time Magazine | Title: Nation: I Can Move Damned Fast | 12/11/1978 | See Source »

Ohira also said he sees little chance that Japan will meet the seven-per-cent economic growth rate for the current fiscal year, a goal set by the Fukuda government at the Bonn summit meeting of Western powers and Japan last July...

Author: NO WRITER ATTRIBUTED | Title: Japan Warns U.S. On Dollar's Decline | 12/5/1978 | See Source »

...eventual easing of interest rates. "There will be a braking effect," he says, "but other economic indicators are quite strong in the U.S., and a cautious balancing should avoid recession." Werner Flandorfer, currency expert of the Bonn Economics Ministry, agrees. "The Fed's action will not have any real recessive effect. It will slow down the boom but will not plunge the country into a recession...

Author: /time Magazine | Title: Nation: The Risk of Recession | 11/13/1978 | See Source »

...wool pants and old-style lace-up boots. His only concession to luxury is a pair of Head skis. Another friend, who calls him "one of the daredevil skiers in the Tatras,"adds, "He loves the thrill of it, the danger." Once, during a midwinter interview with TIME'S Bonn bureau chief, William Mader, Wojtyla gazed out the window of his residence and said, "I wish I could be out there now somewhere in the mountains, racing down into a valley. It's an extraordinary sensation...

Author: /time Magazine | Title: A Foreign Pope | 10/30/1978 | See Source »

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