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...hint of lower interest rates helped ease fears that the 7 1/2-year-old economic expansion, which has slowed to an anemic annual rate of less than 2%, might groan to a halt. The government offered further reassurance last week when it reported that retail sales rose a healthy 0.5% in June, after falling for three straight months. At the same time, the Producer Price Index, which measures the wholesale cost of goods, rose just 0.2% in June, indicating that inflation is under control...

Author: /time Magazine | Title: Needed: More Get Up and Go | 7/23/1990 | See Source »

...hands of the enemies of the NEA. It allows them to say, 'See, these arts groups don't even need it.' The central point is that this system works. By and large, the money goes to the right places, and after two decades there hasn't been a hint of fraud or scandal. What other Government program can say that...

Author: /time Magazine | Title: Show Business: You Can Take This Grant and . . . | 7/16/1990 | See Source »

...strong hint of change came three weeks ago, when the leaders of South Korea and the Soviet Union met for the first time. The summit between Roh Tae Woo and Mikhail Gorbachev demonstrated how far both nations have come: trade between Seoul and Moscow is expected to reach $1 billion this year, and diplomatic relations are pending. Despite its ties to the North, the Soviet Union needs investment and trade from Seoul more than it needs to help sustain one of the world's last holdouts against reform...

Author: /time Magazine | Title: The Koreas: Same Bed, Different Dreams | 7/2/1990 | See Source »

...National League for Democracy claimed victories even in districts populated almost exclusively by military families, including the home district of reclusive Ne Win, who resigned his post as party chairman in 1988, but remains the most powerful man in the country. Other observers are worried that the slightest hint of civil disturbance may provoke the military to repeat the butchery of 1988, which resulted in the massacre of more than 3,000 demonstrators. The league can hope only that the apparent longing for democracy displayed by soldiers at the ballot box will translate into a public show of support...

Author: /time Magazine | Title: Burma Democracy's Latest Convert | 6/11/1990 | See Source »

...Look," he says with a touch of exasperation and a hint of dogmatism to classmates, "you're here because you had a lot of advantages and a supportive environment to get here...and because of what you've been given you have a duty to do something with...

Author: By Spencer S. Hsu, | Title: Seeking Social Equity, He Keeps Integrity First | 6/7/1990 | See Source »

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