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Business: Industrial raw materialist such as minerals, coal...

Author: By Peter J. Howe, | Title: Proxy Votes: How They Work | 3/13/1985 | See Source »

...strike was sparked by the National Coal Board's plan to "modernize" Britain's coal industry by closing as many as 20 "unprofitable" mines, putting some 20,000 miners out of work. Because none of its demands have been met, the N.U.M. appears to have suffered a humiliating defeat. After Sunday's vote, however, the head of the union's 24-member executive committee, Arthur Scargill, called the strike "a tremendous achievement" and vowed that the union would carry on its struggle against the government's "war of attrition...

Author: /time Magazine | Title: Britain: They Just Cannot Go On | 3/11/1985 | See Source »

Even though Kinnock later accepted her explanation, the vitriolic Commons exchange was a bitter pill for Thatcher at a time when she should have been happily celebrating her tenth anniversary as Conservative Party leader. To add to her troubles, Britain's eleven-month-old coal miners' strike dragged on, even as a major poll put the Labor Party neck and neck with the Conservatives at 37%, an 8-point drop for the Tories in the 20 months since the last general election...

Author: /time Magazine | Title: Britain: Vitriol in the Commons | 2/25/1985 | See Source »

...Another question raised by the latest round of changes was whether Hodel's return to Interior would revive the tensions between the Administration and environmentalists that Clark had done so much to ease. As an aide to Watt, Hodel had been an ardent champion of more oil and coal exploration and other commercial development of federal lands. While an official of a federal power authority in the Pacific Northwest, he denounced the environmental movement as having "fallen into the hands of a small, arrogant faction dedicated to bringing our society to a halt." Although he patiently listened to conservationists make...

Author: /time Magazine | Title: Shake-Up At the White House | 1/21/1985 | See Source »

BRITAIN. Samuel Brittan expects an increase in growth from last year's 1.5% to 3.5% in 1985. British coal miners have now been on strike for eleven months, but he says that is having a minor effect on the economy because there have been no fuel shortages and workers are drifting back to the pits. He expects inflation to fall from 4.8% in 1984 to 4.5%. In Brittan's view, the government of Margaret Thatcher is quietly "giving the modest stimulus to the economy that some of its critics are asking for." In fact, bank credit has been growing faster...

Author: /time Magazine | Title: Europe's Outlook Brightens Time's | 1/21/1985 | See Source »

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