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...believe that austerity will serve a purpose. We believe in changing national priorities, cutting expenses from the political wings, not from social programs, and in reaching a social contract between trade unions and industry. We will not permit the increase in the standard of living to exceed the increase in production. We would like to direct savings into industry, agriculture and tourism. If this is done, we shall again be able to mobilize investment in Israel...

Author: /time Magazine | Title: An Interview with Shimon Peres | 7/9/1984 | See Source »

Money has been the biggest issue involved in deciding how much will be renovated, Quinn stressed Because the work is more structural than the more cosmetic work applied to the River Houses, the cost coulds exceed the budget of around $50 million allotted for House renovations three years ago, Quinn added...

Author: By Mary Humes, | Title: College Plans Quad Facelift, Aims for NoHo Dining Hall | 6/4/1984 | See Source »

Remaining implacably nonaligned, China is happy to deal with all comers. This year it will boost its trade with the Soviet Union by 60%, yet receive $600 million in foreign investment from the U.S. Its foreign trade will exceed $40 billion, ten times as much as in 1968. To accommodate Western firms, Peking has passed new tax and patent laws. "We're talking megabucks," says a Washington official who has handled trade with China for several years. "American oil companies will be in China for the next 50 years...

Author: /time Magazine | Title: China: Capitalism in the Making | 4/30/1984 | See Source »

...ruled that a ship owner can be liable for a much higher amount if negligence is involved. The actual level of Amoco's damages will be determined at a separate hearing that will begin on May 31, but the company's lawyers optimistically believe they will not exceed $150 million...

Author: /time Magazine | Title: High Seas: Big Bill for a Big Spill | 4/30/1984 | See Source »

...American campuses, the article ignores the plight of the Chinese working in Chinatown sweatshops. While Asians are over-represented in a number of technical fields, they are also over-represented in the garment worker occupation, as well as the restaurant worker category. It is true that Asian incomes exceed the national average, yet Asians live in Pacific, Eastern, and metropolitan areas with costs of living that far exceed the national average. When compared to the average income within their metropolitan areas, Asian incomes generally lag behind the area-wide averages. Moreover, Asians tend to be underemployed for their levels...

Author: By Vincent T. Chang and Amy C. Han, S | Title: Newsweek's Asian-American Stereotypes | 4/23/1984 | See Source »

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