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However, those who fret about a shortage say interest rates already seem to be rising faster than economic conditions would demand. Such economists note that so far in 1994, long-term rates -- those that companies pay to finance / new plants or that apply to home mortgages -- have jumped as much as 2 percentage points in the U.S. and other industrial countries. That kind of spurt normally reflects lenders' fears of inflation, but inflation has been dormant all year, thanks at least partly to the Federal Reserve's vigilance. "What's going on with interest rates is more a scarcity...

Author: /time Magazine | Title: Gimme Capital! | 8/1/1994 | See Source »

...group of journalists for a panel discussion on the psychology of modeling. Present were four models, the agency's maternal-seeming president and two psychotherapists who work with the professionally beautiful to help them overcome their unique problems. Exceedingly attractive women, the audience learned, lead complicated emotional lives. Many fret that the world will never look beyond the height of their cheekbones; they are worried that they will never be perceived as intelligent. "I was ashamed to become a model," admitted Jenny, a waifish Brit. "My parents are physicists...

Author: /time Magazine | Title: TELEVISION: Calling Christy Turlington | 7/11/1994 | See Source »

Even now, some of CDF's scientists fret that they have overlooked some fatal flaw. They believe there is still 1 chance in 400 that they could be wrong, which seems extremely small to laypeople. But it is sobering to remember that odds that seem like a sure bet at a racetrack are not enough to support scientific claims. Over the coming months, the lingering uncertainty that surrounds last week's announcement should be dispelled as more data are collected, not just by CDF but by a rival detector that goes by the name of DZero. If the top really...

Author: /time Magazine | Title: Physics:Gotcha! | 5/9/1994 | See Source »

...those gamblers nervously tracking the Dow last week: Don't fret too much; this could be a natural correction. The more unsettling news is happening off the casino floor. For it is there, in the back room, that the big boys have been playing an even faster and bolder game, the outcome of which can affect the little guy's winnings. Much of the smart money is really riding on computer-generated, hypersophisticated financial instruments that use the public's massive bet on securities to create a parallel universe of side bets and speculative mutations so vast that the underlying...

Author: /time Magazine | Title: The Secret Money Machine | 4/11/1994 | See Source »

...dispute pits environmentalists against one another: those who worry more about global warming vs. those who fret more about animal welfare. Lindy Weilgart, a Cornell University expert on whale acoustics, pointed out at hearings before the National Marine Fisheries Service that whales and other marine mammals rely on exquisitely sensitive hearing for hunting, navigating and socializing. Noise pollution from the experiment, she fears, could disrupt the mating and migration patterns of hundreds of thousands of animals. As Weilgart put it, "A deaf whale is a dead whale...

Author: /time Magazine | Title: Underwater Boom Boxes | 4/4/1994 | See Source »

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