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...barriers, U.S. investment in Canada and environmental issues such as acid rain, relations between the two neighbors have taken a turn for the better. But the American economic upsurge has only just started to spill across the border into Canada. Economists in Ottawa fear that as Canadian interest rates climb ever higher to keep Space with American lending rates, the fragile Canadian recovery of the past 15 months could be choked...

Author: /time Magazine | Title: Canada: A Duel of Images | 8/27/1984 | See Source »

...cyclists have made a dizzying climb. The U.S. finished 23rd in world-championship medals in 1977, far behind the Europeans. A pre-boycott U.S. Cycling Federation Olympics guide predicted that the Soviet Union, East and West Germany would ride away with virtually everything in the Games but the women's event. However, under the direction of a dynamic former Polish national coach, Edward Borysewicz, 44, better known as "Eddie B.," U.S. amateurs have risen to rank near the top in international competition. Professional Road Racer Greg LeMond, 23, came in third in the Tour de France last month...

Author: /time Magazine | Title: Olympics: Pushing Their Pedals to the Medals | 8/13/1984 | See Source »

Roiled since 1982 by prodigious storms, the 30-mile-wide Great Salt Lake has risen 10 ft., its fastest climb ever, overspilling its borders and flooding the land around it. What was once the driest state in the union after Nevada is fast becoming a water wasteland: tens of millions of dollars' worth of property has been destroyed, wildlife has diminished catastrophically, and tourism around the lake has bottomed out. Says Utah Governor Scott Matheson, with tragicomic wit: "It's a helluva way to run a desert...

Author: /time Magazine | Title: Environment: Preserving the Great Salt Lake | 8/13/1984 | See Source »

...they are successful, water on the south side of the lake will fall about 9 in. during the next two months, lessening the threat of floods to Salt Lake City, nearby suburbs, interstate highways and railroads. The north segment of the lake, located in a thinly populated area, could climb as much...

Author: /time Magazine | Title: Environment: Preserving the Great Salt Lake | 8/13/1984 | See Source »

...face of towering interest rates has stunned and puzzled economists. Most predicted growth of no more than 4% to 5% this year. But many Americans are apparently still eager to buy houses, cars and appliances out of fear that inflation may speed up again and interest rates could climb further...

Author: /time Magazine | Title: Reading Election Tea Leaves | 8/6/1984 | See Source »

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