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...commodity-exporting part of the Western Pacific economy over the next 18 months or so." He noted that Australia had been severely hurt by low prices for agricultural exports. But after expanding at a barely perceptible .5% this year, the Australian economy will rebound to a 3.8% clip in 1987, Drysdale forecast...

Author: /time Magazine | Title: Ahead: Growth and Danger | 7/28/1986 | See Source »

...Government also said that during the past three months, the consumer price index dropped at a 4.3% annual clip, the steepest decline in 37 years. Again, economists note a disturbing trend beneath the surface. Most of the CPI's dip has been the result of falling oil prices, which are now starting to rise again...

Author: /time Magazine | Title: The Outlook: Good News, Bad Vibes | 6/2/1986 | See Source »

...longtime aide Tonio Burgos walks into the Governor's Manhattan office with a memorandum. "What's wrong with your collar?" asks the Governor. The tips of Burgos' collar are pointed up like butterfly wings. "Come here," orders Cuomo. The Governor reaches into his desk, takes out a paper clip and twists it. He then puts a hand on Burgos' shoulder, lifts up his collar and inserts the paper clip so that it acts as a collar stay. Same thing on the other side. "Balancing the budget was easy," says a deadpan Cuomo as he smooths down his aide's collar...

Author: /time Magazine | Title: What to Make of Mario | 6/2/1986 | See Source »

Rowning (batting at a .305 clip) joins Crowley and Brown as the only batswomen currently topping the .300 mark...

Author: By Jessica Dorman, | Title: Tigers Tremble and Bruins Beware | 4/26/1986 | See Source »

...weighs only 23 oz. and is made partly of superhardened plastic. When disassembled, the Austrian-made weapon, known as the Glock 17, does not look like a firearm. Only its barrel, slide and springs, which are metal, show up on airport scanners. The polymer handgrip, trigger guard and ammunition clip that complete its profile as a gun do not set off the security devices...

Author: /time Magazine | Title: High-Technology Threats | 4/14/1986 | See Source »

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