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...taxes have fallen from $88 billion in 1968 to an estimated annual rate of $84 billion in this year's first half. Workers have won many extortionate wage raises?labor costs have been rising more than 7% annually?but since 1968 the real weekly earnings of the American wage earner have inched up from an average $90.67 to only $91.96. In the past 2½ years alone, inflation has cut the value of the dollar by 12¢ and the once-prized greenback is now the weakest major currency in the world...

Author: /time Magazine | Title: Business: The Showdown Fight Over Inflation | 8/16/1971 | See Source »

...economy can certainly use a magic trick. Inflation was held last year to less than 6%, and fish-meal exports rose to the highest tonnage ever. But the world price of copper, Peru's most important foreign-exchange earner, has dropped from 700 in March...

Author: /time Magazine | Title: The World: Peru: Soldier in the Saddle | 7/26/1971 | See Source »

...African wildlife. It can be used, first, to convince local governments that, if properly exploited, wildlife can earn their keep-and even turn a profit. Indeed, as a tourist attraction, game preserves already generate $50 million annually in Kenya. Since tourism is Kenya's second largest money earner (after agriculture), park land there is worth nearly as much per acre as the finest agricultural land...

Author: /time Magazine | Title: Environment: East Africa: Making Conservation Pay | 1/11/1971 | See Source »

...service steers clear of what Earner calls "blatant advocacy." Says he: "There is advocacy in the sense that we exist at all, but our reporting and editing is strictly professional. There is no pitch or special line." All CNS reports contain a complete listing of sources and their telephone numbers. The data help subscribers to use CNS stories as a starting point for their own coverage. So far the clients have been impressed. Says Marvin Siegel, an assistant metropolitan editor of the Times: "It's the sort of service every big city should have." In one recent three-week...

Author: /time Magazine | Title: The Press: Covering the Minorities | 8/10/1970 | See Source »

...with most such projects, CNS has financial worries. Revenues currently run about $10,000 a month v. $28,000 in expenditures, and the Ford grant expires next summer. Still, Editor Earner is guardedly optimistic that the service will become self-sustaining. "Barring mishaps," he says, "we should hang in." To reach a broader market for news of the ghetto, Earner hopes to begin a weekly newsletter aimed at business executives and social service agencies, and he is exploring the possibilities of a school kit dealing with such topics as narcotics and building-code violations. The thirst for improved coverage...

Author: /time Magazine | Title: The Press: Covering the Minorities | 8/10/1970 | See Source »

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