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Dates: during 1970-1979
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Among these changed circumstances behind the Patriotic Front's dramatic shift has been the pressure exerted by the so-called front-line states (Tanzania, Botswana, Angola, Mozambique, Zambia), on which the guerrillas depend for most of their support. Faced with serious economic difficulties at home, the front-line leaders have been anxious for an end to the long and costly war and have not been shy about arm twisting. Warned Tanzanian President Julius Nyerere in London's New Statesman: "If any wing of the Patriotic Front should develop doubts or hesitations about fighting such an open election...

Author: /time Magazine | Title: ZIMBABWE RHODESIA: Give and Take | 10/8/1979 | See Source »

This is a burdensome new "tax" that will worsen the already deepening recession by reducing the amount of cash Americans have for spending on all sorts of nonessentials, ranging from new cars and skiing holidays to Christmas presents and charitable contributions. A typical fuel bill for an oil-heated home, about $650 last year, is expected to climb to between $ 1,060 and $ 1,200 this year. In 1978 the average American worker had to labor for 19 hr. every month of the heating season to pay his fuel-oil bill; this winter he will have to work a walloping...

Author: /time Magazine | Title: Business: Those Fear-of-Freezing Blues | 10/8/1979 | See Source »

...time. Even so, the conservation gains are not likely to be enough to offset the latest price increases. For poverty-line people and the elderly, the situation can be desperate. In Morrisville, Vt., a welfare mother of four made headlines by ripping up the front stoop of her mobile home to use as firewood because oil costs had risen beyond her reach...

Author: /time Magazine | Title: Business: Those Fear-of-Freezing Blues | 10/8/1979 | See Source »

Democrat Arthur Okun complains that the Fed has lost much of its control over credit policy as a result of innovations, such as money market certificates and mortgage-backed securities, that are designed to keep banks and thrift institutions flush with funds for home loans. Says Okun: "Money is easy but expensive, and nobody is saying no to any borrower. They're saying, 'The price is high. Won't you take...

Author: /time Magazine | Title: Business: Recession: Deeper and Longer | 10/8/1979 | See Source »

...moderate settlements at a time when inflation is roaring at 13%. The Labor Department announced that consumer prices rose by 1.1% in August, the seventh straight month of an increase of 1% or more. Because prices rise faster than wages and salaries for most workers, the real take-home pay of Americans has declined 4.3% in the past year...

Author: /time Magazine | Title: Business: Recession: Deeper and Longer | 10/8/1979 | See Source »

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