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...decline at an orderly pace. Said Feldstein: "I think we can get there without a shock." But even if it happens smoothly, the necessary further decline of 20% to 30% in the dollar will be bitter medicine for U.S. consumers. By making imports more expensive, ! the weak dollar will hamper the growth in the standard of living. "There's no question we will be poorer as a nation because of this, or rather we will get richer more slowly," said Feldstein. The trade-off is that even if Americans have to buy fewer Japanese videocassette recorders and German BMWs...

Author: /time Magazine | Title: Stamina, Not Speed | 12/22/1986 | See Source »

Harvard will need all its guns to shoot down the Bears, but injuries will hamper some of the Crimson's best marksmen. Quarterback Tom Yohe (pulled groin) is questionable today, while tight end Jim Morris (separated shoulder) and offensive guard Hal Watson (ankle injury) will probably miss the contest...

Author: By Bob Cunha, | Title: Brown Looks to Trick Gridders | 11/1/1986 | See Source »

Neither the Soviet nor the U.S. officials indicated that a Soviet order on Sunday expelling five American diplomats from the Soviet Union would hamper arms control talks...

Author: NO WRITER ATTRIBUTED | Title: Soviets May Ease Position on Star Wars | 10/20/1986 | See Source »

...there are about 150 members, mainly in large Eastern cities. New York City's John Cardinal O'Connor, an ardent preacher against American materialism, went to Rimini last year and, impressed with what he saw, promised his support. The group's strong Italian identity, however, may hamper its effectiveness elsewhere. Says a Vatican spokesman: "They must de- Italianize their terms to grow in the world...

Author: /time Magazine | Title: Religion: The Pope's Youthful New Jesuits | 9/8/1986 | See Source »

Aquino's economic program is strongly oriented toward the free market. She has pledged to dismantle the sugar and coconut monopolies operated by Marcos cronies, reduce regressive fuel and electricity taxes, and do away with seed and fertilizer levies that hamper agricultural diversification. She has said she will try to negotiate better repayment terms for the foreign debt in the hope that export earnings will be freed to stimulate growth. Not surprisingly, businessmen were among her most ardent backers, and Aquino's economic policies are certain to retain a pro-private enterprise tilt...

Author: /time Magazine | Title: The Philippines Now the Hard Part | 3/10/1986 | See Source »

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