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While Shultz gloated, Treasury Secretary Baker was watching a cherished plan of his own come to fruition. In what is perhaps the most ambitious economic decision ever to emerge from an economic summit, Baker won support for his plan for bringing greater monetary stability to the free world economy. Since 1973, floating exchange rates have been set by the free market. One of the results has been wild fluctuations, including the rapid rise and fall of the dollar over the past two years and the current dramatic appreciation of the yen, which has some Japanese exporters crying for help. Rather...

Author: /time Magazine | Title: A Summit of Substance | 5/19/1986 | See Source »

...Trip to Bountiful has gone a little stale, too. Like the old woman's homecoming, which is fraught with disappointment as well as joy, this film reaches its fruition with less than triumphant results...

Author: By Robert F. Cunha, | Title: Horn of Plenty | 2/7/1986 | See Source »

...were eliminated. Potential jurors were asked if they were Jewish, or had sympathies for anti- black, anti-Jewish or tax-protest groups. They were also asked if they could be fair to defendants who may not believe the Holocaust occurred. The Government hopes the trial will bring to fruition its fight against radical neo-Nazi hate groups. The drive was launched last year when authorities uncovered evidence (confirmed by the two witnesses heard before the trial recessed at week's end) that the Order had begun acting out a plot laid out in The Turner Diaries, a bizarre novel written...

Author: /time Magazine | Title: Order in Court | 9/23/1985 | See Source »

...Moscow on an official visit last week, Indian Prime Minister Rajiv Gandhi charged that Pakistan's development of an atom bomb was "very close" to fruition. Earlier this month, the Indian leader had affirmed that such an achievement by his country's chief regional rival "will completely change the present military balance on the subcontinent. At no cost will we allow our integrity and security to be compromised." In 1974, India shocked the world with a "peaceful" underground nuclear explosion in the Rajasthan Des- ert; Gandhi's pronouncements hold out the threat that India might resume testing, perhaps even begin...

Author: /time Magazine | Title: Who Has the Bomb | 6/3/1985 | See Source »

Furious, Khrushchev decided to expel Malik from the party and dismiss him from his post. During an audience with the Premier, Malik apparently fell to his knees and wept as he begged forgiveness. By this time Khrushchev's U-2 scheme had come to fruition, and he contented himself with a humiliating punishment for Malik: ordering him to make a public confession at a party meeting of the entire Foreign Ministry...

Author: /time Magazine | Title: Breaking with Moscow | 2/11/1985 | See Source »

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