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That would crimp foreign earnings on sales in the U.S., of course, but Japan and the European powers nonetheless have strong incentives to join the devaluation drive. Most important, the strength of the dollar drains investment capital out of their countries and forces them to keep interest rates higher than they would like them to be to prevent still more money from fleeing to the U.S. A lower price for the dollar might enable them to reduce domestic interest rates and thus speed up their internal economies. And if sales to the U.S. fall? Well, the unattractive alternative is protectionist...

Author: /time Magazine | Title: The Battle Over Barriers | 10/7/1985 | See Source »

...Soviets brought forward fresh troops, and the guerrillas melted into the surrounding countryside. If nothing else, the campaign showed that Moscow was willing to risk heavy losses to stop the flow of CIA arms. But Western diplomatic and intelligence sources insisted that the arms supply had suffered a temporary crimp at worst...

Author: /time Magazine | Title: Afghanistan Ferocious Fight | 9/16/1985 | See Source »

Last week the couple signed over the $115,000 ranch in an unusual deal that may presage further land confiscations. In exchange for the ranch, the U.S. Government will drop charges against the Kurus. Federal agents think such seizures could crimp California's estimated $2 billion annual pot crop. Said Bill Ruzzamenti, state coordinator of marijuana control for the Drug Enforcement Administration: "This year things will be different in the marijuana-eradication business...

Author: /time Magazine | Title: Justice: High Price for California Gold | 4/8/1985 | See Source »

Cherry Coke is the latest salvo in a tough marketing war among soft-drink makers. The new flavor could put a crimp in sales of Dr Pepper, which has a slight cherry flavor. Coca-Cola's current Pepper-type offering, called Mr. Pibb, has done poorly. This time the company hopes to ensure its new product's success by using the Coke label. It learned the magic of that name in 1983, when its diet Coke became an instant...

Author: /time Magazine | Title: Soft Drinks: I Gave My Love a Cherry Coke | 3/4/1985 | See Source »

...flat housing market would eventually crimp sales of building materials and home furnishings, from timber to toilets. The lumber industry is still shaking off the recession and is hardly prepared for a new shock. In the Northwest, the number of sawmills has declined by about 13% since 1979, and their work force has dropped by 20%, to 96,000. Says H.A. Roberts, executive vice president of the Western Wood Products Association: "We're more efficient these days, and sales volume is relatively good. But we're not nearly as healthy...

Author: /time Magazine | Title: A Lusty, Lopsided Recovery | 11/28/1983 | See Source »

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