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With those stinging volleys, Britain's brief election season opened on a decidedly contentious note. The harsh rhetoric was hardly surprising. Thatcher's decision to cut short her five-year term and call elections for June 9 was calculated to take advantage of disarray within the Labor Party and exploit the image of Foot as an ineffectual leader. With the inflation rate hovering at 4%, down from a high of 22% in 1980, Thatcher gambled that British voters would not want to risk jeopardizing an economic recovery, or Britain's commitment to a strong nuclear defense...

Author: /time Magazine | Title: Britain: Oof! Pow! Bam! Thwack! | 5/30/1983 | See Source »

...same year he went on a series of overseas "rescue missions" to help re order the finances of Villa I Tatti. Harvard's Center for Renaissance Studies in Florence Italy Like Harvard Magazine, Villa I Tatti had fallen into fiscal disarray with a series of large deficits, and the Corporation had brought in new management to revamp the operation...

Author: By David L. Yermack, | Title: A Gifted Troubleshooter | 5/23/1983 | See Source »

With the franc under pressure again, disagreement within the Socialist Party over economic policy is bubbling up publicly, adding to a general perception of governmental disarray. Disaffection is strongest among left-wing Socialists and some Communists. They argue that instead of meekly accepting painful austerity, the government should 1) withdraw from the European Monetary System, which links seven major European currencies; 2) correct the trade imbalance through protectionist import restrictions; and 3) concentrate on creating jobs. Jean Poperen, the party's deputy leader, last month charged that the government was losing its "popular support" and called for a return...

Author: /time Magazine | Title: France: A Riotously Unhappy Anniversary | 5/23/1983 | See Source »

REICH WOULD LIKE to make the nation realize that industry and international trade are in enough disarray to warrant national priority. He asks government, in consultation with management and labor to establish a coherent strategy for the future. Of course, this new role would be carried out by the type of students that Reich teaches and the Kennedy School turns out yearly--the public policy professional...

Author: NO WRITER ATTRIBUTED | Title: A House Of Cards | 5/18/1983 | See Source »

...Thatcher and her chief lieutenants scheduled an election-strategy session for Sunday at Chequers, the Prime Minister's country retreat. Thatcher was under pressure from Tory backbenchers to schedule a vote as early as next month. A snap election, they argued, would catch the rival major parties in disarray and take advantage of an improving economy. Others argued that a hasty vote would only damage the Prime Minister's credibility, which rests largely on a reputation for doggedly staying the course. Thatcher refused to discuss any date whatsoever. While the nation braced for a June election...

Author: /time Magazine | Title: Britain: Election Fever | 5/16/1983 | See Source »

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