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...easily force the Administration to reconsider its refusal to impose wage and price controls; such a move, or even the threat of it, would discombobulate business so badly as to frighten away investors. Likewise, further inflation could force the Federal Reserve to push up interest rates further and thus deepen the recession that even the Administration is now forecasting for this year. That in turn could cut into corporate profits and send stock prices tumbling. Last week, in fact, a momentary sell-off actually erupted when rumors circulated that the Fed was planning to raise interest rates again...

Author: /time Magazine | Title: Business: Bullish Round 1 for Investors | 2/11/1980 | See Source »

Last week, the day before Moscow's second International Book Fair, Boris Stukalin, chairman of the Soviet state publishing committee, proclaimed that the fair offered "fresh evidence of the . . . implementation of the Helsinki accords ... and the Soviet Union's constant efforts to deepen mutual understanding...

Author: /time Magazine | Title: Books: Very Different Customs | 9/17/1979 | See Source »

...years. Because spending by individuals on all sorts of goods and services accounts for fully two-thirds of the nation's gross national product-far more than spending by Government and business combined-a sharp retrenchment in purchases of autos, houses and other big-ticket items would surely deepen the shallow recession that many economists believe has already begun...

Author: /time Magazine | Title: Business: Consumers in a Squeeze | 9/3/1979 | See Source »

...national and state structures were lacking, society, for the most part Catholic, found support in the hierarchical order of the church. And this helped society to overcome the times of the partition of the country and the times of the occupation. It helped society to maintain, and even to deepen its understanding of, the awareness of its own identity. Perhaps certain people from other countries may consider this situation "untypical," but for the Poles it has an unmistakable eloquence. It is simply a part of the truth of the history of our own motherland...

Author: /time Magazine | Title: World: The Polish Sayings of John Paul II | 6/18/1979 | See Source »

...months away, as has been the case with most of the President's international initiatives. The record is not encouraging. Dramatic moments too often were revealed in hindsight to have been hastily prepared. Some people fear that an Israeli-Egyptian treaty could isolate Sadat in the Arab world, deepen hostility to the U. S. and ultimately create grave threats to our oil imports. Carter hears these doubts-or does he? The increasingly personal nature of his leadership sometimes seems to be a protective device destined to give him room to maneuver but also keeping him from seeing the real...

Author: /time Magazine | Title: THE PRESIDENCY by HUGH SIDEY: A Touch of the Healing Grace | 3/19/1979 | See Source »

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