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...there were problems he couldn't fix. The CBS Evening News has tumbled in the ratings from first place into a battle with NBC to stay out of last. CBS This Morning floundered at No. 3 despite Burke's decision, in a move that took his corporate overseers by surprise, to replace Kathleen Sullivan with Paula Zahn. High expectations for a new prime-time show, Face to Face with Connie Chung, were dashed when Chung decided to cut back on her workload in an effort to conceive a child, forcing CBS to pull the show from its fall schedule...

Author: /time Magazine | Title: Video: Caught in The Cross Fire | 9/3/1990 | See Source »

...shortages of food and other vital commodities there. A White House official notes that desert operations cause frequent military-equipment breakdowns and require large supplies of spare parts, which are not getting through the blockade. "We're expecting Iraq's military to begin suffering breakdowns that they can't fix," he said...

Author: /time Magazine | Title: The Gulf: Gathering Storm | 9/3/1990 | See Source »

...stage for a bigger rip-off tomorrow. It is impossible to say what price today minimizes the long-run cost of oil for consumers. What you can say for sure is that oil producers have exactly the opposite objective: maximum revenue in the long run. Letting a producer cartel fix the price cannot be good for consumers...

Author: /time Magazine | Title: The Gulf: Why Are We in Saudi Arabia? | 9/3/1990 | See Source »

...demands of Mexico City's 20 million people are causing the level of their main aquifer to drop as much as 3.4 meters (11 ft.) annually. Water subsidies encourage the wealthy and middle classes to waste municipal supplies, while the poor are forced to buy from piperos, entrepreneurs who fix prices according to demand. Belatedly, the government has begun to establish a more sensible system of tariffs as well as promote water-saving devices like low-flush toilets...

Author: /time Magazine | Title: Environment: The Last Drops | 8/20/1990 | See Source »

Massachusetts Energy Commissioner Paul Gromer said his office was checking to see whether the gasoline industry was conspiring to fix prices at a higher rate. Politicians in other New England states urged federal officials to watch for price gouging...

Author: NO WRITER ATTRIBUTED | Title: Oil Tensions Sink State Econony Further | 8/7/1990 | See Source »

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