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...After years of devaluations, caused in part by a soft oil market and a growing trade deficit, the latest slip in the peso did not surprise economists. And the end is not in sight: most experts believe the peso will fall to 1,800 by year's end. Three-digit inflation is expected to continue. On Feb. 1 the postal service doubled its rates overnight without warning. A majority of the 20 million-member work force reportedly earns less than the minimum wage of $3.45 a day. Under such circumstances, even last year's 20-fold increase in Mexico City...

Author: /time Magazine | Title: Mexico A Swelling Tide of Troubles | 2/23/1987 | See Source »

Fouled out: None. Total fouls: Harvard 16, Brown 10. Assists: Harvard 27 (Keffer 10), Brown 9 (Kelley 7). Turnovers: Harvard 18, Brown 14, Rebounds: Harvard 32 (Duncan, Hayes 7) Brown 32 (Brown 8). Brown 38-37--75 Harvard 40-48--88 with six players registering double-digit pointtotals. Besides Duncan, Harvard had outstandingscoring efforts from Hayes (18 points), Keffer(14) and Cibotti, Brown and Bluestone (10 apiece...

Author: By Jennifer M. Frey, | Title: W. Cagers Trip Bruins; Briggs Return Is Bright | 2/7/1987 | See Source »

...digital scoreboard turns over a tens digit in any of these categories, a bucket of something, such as embarrassing red ink or even cod scallops, will pour from the ceiling onto the offender. This negative reinforcement hopefully will act as a subtle deterrent, reminding the speaker to curtail unnecessary pseudo-intellectual verbiage in his lectures...

Author: By Eric Pulier, | Title: PULIER LEG | 2/5/1987 | See Source »

Perhaps a nine-digit fine would convince Morton-Thiokol and other contractors to temper their worship of divine Profit with some common sense...

Author: By Gregory R. Bell, | Title: Morton - Thiokol: Getting Off Easy | 12/10/1986 | See Source »

...first, for 26-year-old Joseph Schmuckler, program trader for Kidder Peabody. The blinking number on his computer screen, which will signal him when it is time to unleash his electronic firepower, is advising him to wait. But suddenly the stock market begins to move downward, and the telltale digit on Schmuckler's screen starts changing like a countdown at Cape Canaveral. The trader and his two assistants erupt in a frenzy of shouted telephone conversations as they advise colleagues in New York City and Chicago to get ready for a blast of trading orders. "Strap on your seat belts...

Author: /time Magazine | Title: Strap on Your Seat Belts! | 11/10/1986 | See Source »

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