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That kind of caution was not what politicians feared when they agreed to merge the German economies. East Germans had squirreled away some 180 billion ostmarks, which came to roughly $70 billion in new spending power when converted into deutsche marks. To cope with the switch, the Bundesbank shipped 600 tons of crisp new bills -- $15 billion in all -- to 10,000 banks, police stations, post offices and temporary disbursement points...

Author: /time Magazine | Title: The Germanys No Fools in Furstenwalde | 7/16/1990 | See Source »

Four punishing years into her six-year term, Aquino remains surprisingly undaunted by the precarious state of her country and her tenuous grip on the helm. Her government is struggling to cope with a store of major problems -- economic, political and security-related -- which have created a growing crisis of confidence among liberal activists over the ability of fragile democratic institutions to deliver reform...

Author: /time Magazine | Title: The Philippines A Muddle-Through Mode | 7/16/1990 | See Source »

...German-American friendship is a decisive prerequisite for European and American managing to cope in union with the tasks of the future," Kohl said. "Europe will remain America's closest partner...

Author: By Jonathan S. Cohn, | Title: Kohl Calls for U.S. Assistance | 6/25/1990 | See Source »

...troubling is the fact that the region's capital cities are desperately short of hotel space. Every night this summer, Warsaw will need 3,000 more beds than are available. Prague, which has 6,000 tourist-class beds, needs to double its capacity if it is to begin to cope with demand. It is as bad, if not worse, in Budapest. "We just can't keep up with the boom," says Gyorgy Szekely, vice president of Ibusz, the state-run travel company. "We need more of everything." Given the accommodations shortage, the best advice for tourists...

Author: /time Magazine | Title: Travel: Lanes into The Past | 6/25/1990 | See Source »

...understand that pain may be telling us that we are eating too much or the wrong things; or that we are smoking too much or drinking too much; or that there is too much emotional congestion in our lives; or that we are being worn down by having to cope daily with overcrowded streets and highways, the pounding noise of garbage grinders, or the cosmic distance between the entrance to the airport and the departure gate. We get the message of pain all wrong. Instead of addressing ourselves to the cause, we become pushovers for pills, driving the pain underground...

Author: /time Magazine | Title: Essay: A Nation of Hypochondriacs | 6/18/1990 | See Source »

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