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...Capitol Hill last week went Treasury Secretary Donald Regan to defend his President's red-ink budget. Regan soon learned the feelings of his own party. "Last year I was on your ship," said Senator John C. Danforth of Missouri. "But this year I'm on the dock waving bon voyage." And Danforth gave a small wave to Regan...

Author: /time Magazine | Title: Challenging the Red Sea | 2/22/1982 | See Source »

Koivisto is the first Social Democrat to be elected President in Finland, but party labels mean little in a country in which all major factions back the welfare state. What won the election for Koivisto was his likable image as a modest and occasionally irreverent individualist. Once a dock worker, he rose to become governor of the powerful Bank of Finland. Koivisto served two terms as Prime Minister, appointed by a man who was his opposite in temperament, the autocratic and short-tempered Kekkonen...

Author: /time Magazine | Title: Finland: Favorite Son | 2/1/1982 | See Source »

Although the Suzuki government has pledged to chop away at some of the more egregious nontariff barriers, there are thousands of import restrictions that permeate life and society in Japan. Says one Japanese businessman candidly: "Consider the inspector who has been sitting at the dock in Yokohama saying no for 40 years. He is going to find it very hard suddenly to start saying yes just because some politician in Tokyo says it is the new policy...

Author: /time Magazine | Title: Tempers Rising over Trade | 2/1/1982 | See Source »

...freshman at college, I am disillusioned and disheartened by the situation presented in "Dock the Docs" [Dec. 21]. Today when students seek federally funded loans, they bear the burden of 19 years of mismanaged bureaucracy, and consequently many are denied government aid. Why stifle the innocent for the delinquency of others? Hara Levy Stanford, Calif...

Author: /time Magazine | Title: Solidarity Crushed | 1/18/1982 | See Source »

...Requiring Soviet ships seeking permission to dock at U.S. ports to give 14 days' notice, instead of four days...

Author: /time Magazine | Title: Sanctions as a Symbol | 1/11/1982 | See Source »

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