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...bottom line is that this is an incumbent President who never lost his grip," says one Mondale aide. White House strategists say that the President was shaken only once, when he stumbled in the first debate. Otherwise Reagan has been able to float along, sounding broad themes, flexing the power of his office, and reinforcing his image as a strong leader. Rather than outline what he would try to do in the next four years, he contrasts his first-term record against the "Carter-Mondale" Administration. He asks voters, "Are you better off than you were four years...

Author: /time Magazine | Title: The Goal: A Landslide | 11/5/1984 | See Source »

Britain decided to cut prices on long-term contracts last week because its own "oil and similar varieties like Nigeria's Bonny Light were selling for discounts of at least $2 on the spot market, where prices float according to market conditions. As a result, producers were having trouble signing up steady customers. Said a Japanese buyer in the Persian Gulf: "We prefer reliable, long-term contracts to buying on spot, but the price difference is too big for us to pass up." In July the Japanese bought 25% of their oil on the spot market, compared with...

Author: /time Magazine | Title: Oil Exporters on a Slippery Slope | 10/29/1984 | See Source »

...soldiers followed by tanks, artillery and missiles. The rest consisted of a series of giant tableaux of moving humanity, depicting China's achievements under Deng, interspersed with battalions of dancers and students, all waving pompoms that transformed Tiananmen Square into shifting patterns of bright color. One huge float, representing the Yangtze River hydraulic project, had water gushing over a model dam; in another, a 14-ft. robot bunked, waved a bouquet of flowers and blurted out, "Long live the motherland...

Author: /time Magazine | Title: China: Snappy Birthday, Comrades | 10/15/1984 | See Source »

China's Olympic medalists rode on their own float. A handful of students flashed a personal greeting for their leader as the youngsters passed the reviewing stand displaying a homemade banner that read XIAOPING NINHAO (HELLO, XIAOPING). With nightfall came a stupendous display of fireworks and laser lights. For more than an hour, 278 artillery tubes fired 40,000 pyrotechnic rockets that rose up to 1,000 ft. over the capital. Some 200,000 celebrators participated in folk dancing. Peking residents were dazzled: there was no precedent for the sheer grandeur of the extravaganza...

Author: /time Magazine | Title: China: Snappy Birthday, Comrades | 10/15/1984 | See Source »

...different sort when she posed with the four gold medalists from the U.S. 4 X 200-meter freestyle relay team for the October issue of Vanity Fair. She was "thrilled to meet these wonderful athletes," and describes Bruce Hayes, 21, Mike Heath, 20, David Larson, 25, and Jeff Float, 24, as "shy and awfully nice." Yes, but not that shy. The photo session was going swimmingly when a water hose was turned on in the studio, and -surprise!-"the boys had dropped their swim trunks." Welch, like any other good sport, just grinned while they bared it. "They were very...

Author: /time Magazine | Title: People: Oct. 1, 1984 | 10/1/1984 | See Source »

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