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...Robert Strauss carried the strident ring of an ultimatum. Signed by Wilhelm Haferkamp, the German vice president of the European Community, and approved in advance by the Foreign Ministers of the nine member nations, it brusquely warned Washington that the Nine would retaliate if the U.S. began collecting extra import duties on a wide variety of their products. It also intimated that the Community would walk out of the three-year-old Tokyo Round trade talks, thus scuttling any possibility for their successful conclusion. What could follow, Haferkamp wrote, would be "a trade war of considerable dimensions...

Author: /time Magazine | Title: Business: A Ticking Time Bomb in Trade | 10/2/1978 | See Source »

Peterson, an Assistant Secretary of Labor during the Kennedy years, was the first person to fill the White House consumer post after Lyndon Johnson created it in 1964. Reappointed by Carter, and enjoying somewhat greater clout in the Oval Office, she helped persuade the President to raise beef import quotas in June as a way to drive down meat prices, and she is lobbying for legislation to keep coffee and sugar prices low. Of her new publication she says: "It's not pabulum. It's no WIN button...

Author: /time Magazine | Title: Business: No WIN Campaign | 10/2/1978 | See Source »

...President got another boost when the House refused to approve a Republican-sponsored measure to take away Carter's authority to impose import fees on foreign crude oil. For a wobbly moment, the Administration's winning streak in the House was endangered by the threatened gutting of a bill that would require court approval of any wiretapping done for national security reasons. Carter and Attorney General Griffin Bell argued that the measure was necessary to clear up ambiguities in the present law and protect civil rights. The House began rewriting the bill to give the President a free...

Author: /time Magazine | Title: Nation: Winning on Alien Ground | 9/18/1978 | See Source »

...progress" were often disastrous. Hundreds of thousands of peasants fled their native villages for the lure of more profitable work in the cities, leaving formerly cultivated farm land to revert to desert. At the same time, Iran, which for ages had been all but self-sufficient, suddenly had to import more than 60% of its food products. Along with imports of food came more than 1 million foreign workers: Pakistani and Filipino truck drivers, Indian engineers, Korean and Japanese workers - to say nothing of the more than 40,000 American military and civilian personnel whose advice and training were needed...

Author: /time Magazine | Title: IRAN: The Shah's Divided Land | 9/18/1978 | See Source »

...foreign policy toward Allende's Chile included withdrawal of all foreign aid except to the military, wholesale cuts in World Bank, Export-Import Bank, private sector bank loans and credits to Chile, payments of millions of CIA dollars to finance anti-Allende demonstrations and mouth-pieces such as El Mercurio, and direct CIA encouragement for the coup. U.S. multinational corporations such as ITT also funded anti-Allende subversion, although ITT executives have avoided jail because the U.S. government says too many "national security secrets" would come out in a trial...

Author: NO WRITER ATTRIBUTED | Title: Allende Vive | 9/15/1978 | See Source »

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