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...much of the week, the Prime Minister's concerns focused on the coal dispute, which has turned into a political test of will for the government. After talks between the National Union of Mineworkers and the National Coal Board broke down, the National Association of Colliery Overmen, Deputies and Shot-firers (NACODS), a moderate union of mine supervisors, announced that it would join the strike this week. If a total walkout occurs, the absence of NACODS' safety experts will close the 55 mines still producing coal and raise the real prospect of coal shortages and power cuts this...

Author: /time Magazine | Title: Britain: Delayed Shock | 10/29/1984 | See Source »

...Britain's "Iron Lady." Thatcher, however, was soon back in form. As further details of the attack emerged and new security measures were carried out, she refused to bow to I.R.A. threats and spoke out as firmly as ever in deploring the nation's 33-week-old coal miners' strike...

Author: /time Magazine | Title: Britain: Delayed Shock | 10/29/1984 | See Source »

...price cut will diminish the government's $13 billion annual oil revenues by about 5%. On the day of the announcement, the British pound fell to a record low of $1.19. Shaken by the skidding currency and a possible worsening of the country's coal miners' strike, traders on the London Stock Exchange sent the Financial Times industrial share index to its steepest one-day loss in history...

Author: /time Magazine | Title: Oil Exporters on a Slippery Slope | 10/29/1984 | See Source »

...those who know how to make tough spending cuts. While denying presidential ambitions, he has run television ads on Washington stations, which reach only 7% of the state's residents, in what may partly be an effort to impress powerful Washingtonians. A quarter of West Virginia's coal mines closed during Rockefeller's last term, and the unemployment rate at 13.6% is the highest in the country, but his prospects seem undamaged. "It's like, 'Don't blame Jay,' " grouses State G.O.P. Chairman Kent Hall. "Somehow he's able to divert attention...

Author: /time Magazine | Title: The Senate: Rising Democratic Stars | 10/22/1984 | See Source »

...spend the better part of two decades searching for The Meaning of Life, it is an excellent idea to maintain your good nature while pursuing the quest. It smooths out the highs (the inevitable lamasery in the Himalayas) and the lows (a stint of hard labor in a French coal mine), and it makes the earnest pilgrim a lot easier for his friends (not to mention the movie audience) to take. Besides, playful self-deflation suits Bill Murray, who only did Ghostbusters in return for a shot at the second screen version of Somerset Maugham's most gaseous novel...

Author: /time Magazine | Title: Cinema: Thinking Big | 10/22/1984 | See Source »

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