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WEST GERMANY'S Rollei-Werke for years has been losing sales to Japanese rivals, whose low wage costs enable them to sell cameras for less than half the price of a Rolleiflex. Fighting to overcome that handicap, Rollei executives recently decided to try to beat the Japanese at their own game. The German firm is investing $12.6 million in a new plant in Singapore. There workers will turn out cameras for sale in the U.S. and East Asia at wage rates only one-sixth as high as in Germany, and two-thirds below those prevailing even in Japanese camera...

Author: /time Magazine | Title: Business: The Global Scramble for Cheap Labor | 9/21/1970 | See Source »

...vertebrae, and for a while it was doubtful that he would be able to engage in any sport, much less championship golf. The back eventually healed, but he has had to avoid contact sports and now wears a half-inch lift in his left shoe. Because of his physical handicap, he could never become a powerhouse like Nicklaus and Palmer, booming out 300-yd. drives. "I'm strictly a popcorn hitter," he says. Yet he learned to keep his drives straight and developed a deadly accurate short game. There was something else, too: the power of positive thinking...

Author: /time Magazine | Title: Sport: Prize for a Popcorn Hitter | 8/31/1970 | See Source »

Above all, the treaty represents a chance to break the sterile and self-defeating situation that resulted from the postwar division of Germany. Brandt reckoned that it was wiser to hold in abeyance the policy of seeking immediate reunification than to allow the issue to continue to handicap Bonn's relations with its Communist neighbors. Said Brandt: "We are losing nothing with this treaty that was not gambled away long...

Author: /time Magazine | Title: World: A New Era in Europe | 8/24/1970 | See Source »

...quit when I'm going downhill but when I'm at the top," he says. Until he does, what are his rivals to do? One French sportswriter had a suggestion: he would like to see Eddy carry a 30-Ib. pack on his back as a permanent handicap...

Author: /time Magazine | Title: Sport: King of the Road | 8/24/1970 | See Source »

...Rockingham Park handicap the field by deciding which of the first four horses will grab the early lead and the rail. That will be the winner. The outside horses have little chance. When the track is drying out reverse your thinking. The rainwater has now seeped to the inside. The outside horses run on firm ground and the rail horses on soft...

Author: By The Scientist, | Title: The Scientist Can Take Rain | 7/31/1970 | See Source »

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